The volatility returns on the first trading days of the new year and the new month. Yesterday, on most stocks, we could see strong trends that gave great earning opportunities. Today, awaiting macroeconomic data, we will probably see some nice moves in the market again. In addition, at 2:15 PM European time we are waiting for the announcement of “ADP” employment outside agriculture in the US, which always has a big impact on the markets.
What can we expect from the pound against the US dollar? Further growth. If there is a strong breakthrough of the level after the data, there is a chance for a further increase. For now, I assume the level marked with a cross.