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GBP/USD Price Forecast 2021: Cable braces for calendar comeback amid three exits


12/22/2020 12:48:36 PM GMT
With Brexit talks out of the way, markets can focus on the consequences of this historic change
With Trump’s turmoil over, Biden’s tight work with the Fed is key to dollar action.
Coronavirus vaccination should finish the crisis by year-end, yet a bumpy road awaits.
The economic calendar is set for a comeback in influencing cable. 
A traumatic 2020? Not for those cable traders looking for volatility. GBP/USD hit historic lows in response to the coronavirus crisis, changed its reaction function to printing money, and provided endless Brexit-related movements.
With Trump, Brexit – and eventually coronavirus out of the door – will things calm down 2021? The fading out of these three factors will likely lead to a calendar comeback – serving as the judge of the vaccine’s impact, Brexit, and government policies on both sides of the Atlantic. ....

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