{"id":20017,"date":"2021-12-22T08:58:00","date_gmt":"2021-12-22T08:58:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=20017"},"modified":"2021-12-22T16:46:41","modified_gmt":"2021-12-22T16:46:41","slug":"can-sterling-break-higher-or-will-gdp-data-cap-recent-gains","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/","title":{"rendered":"Can sterling break higher or will GDP data cap recent gains?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20017\" class=\"elementor elementor-20017\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0b02311 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0b02311\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-30e0b05\" data-id=\"30e0b05\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9982074 elementor-widget elementor-widget-text-editor\" data-id=\"9982074\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>Market Brief<\/strong><\/p><p>The UK Health Security Agency will release its early data on the severity of the Omicron variant of COVID-19 before Christmas. In their findings, it is believed that most Britons appear to suffer from a milder disease caused by the Omicron coronavirus variant than the Delta strain. If this is true it will give the UK government a more bullish tone going into the new year and with a milder disease the severity of the lockdowns will be reduced in scale and time. The UK government has already reduced the self-isolation period from 10 days down to 7 days.<\/p><p>Data released today from the Office for National Statistics (ONS) says that the British economy grew 1.1% quarter on quarter in the three months to September of 2021, which is below initial expectations of a 1.3% increase, and down from a downwardly revised 5.4% growth in the three months prior. A growth of 1.4% was noted in the services sector, whereas 0.1% and 1% fell in the production and construction sectors, respectively. Manufacturing declined by 0.7%. Yesterday the UK Treasury announced a spending package to help the service sector that is being hit by the fears around Omicron.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ffb7512 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ffb7512\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d044ec9\" data-id=\"d044ec9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1327047 elementor-widget elementor-widget-image\" data-id=\"1327047\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"525\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/12\/GBPUSD-1H-1.jpg\" class=\"attachment-large size-large wp-image-20030\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-17cd6d60 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"17cd6d60\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-101455e4\" data-id=\"101455e4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2532f513 elementor-widget elementor-widget-text-editor\" data-id=\"2532f513\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c5df73b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c5df73b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3fe376b\" data-id=\"3fe376b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-036033f elementor-widget elementor-widget-text-editor\" data-id=\"036033f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The <a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">GBPUSD<\/a> is currently testing the intraday resistance level that printed before the Bank of England rate hike announcement, and as it is rising in a neat channel, there is a high probability that cable tests lower today. The intraday moving averages are coiling around each other and with economic news matching current sentiment around the UK, the pound is going to find rallying hard unless we get some really good headline news.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-35ee0f6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"35ee0f6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c8c6e11\" data-id=\"c8c6e11\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5962474 elementor-widget elementor-widget-image\" data-id=\"5962474\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3IMUkUF\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"506\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/12\/USDIND-1H-1.jpg\" class=\"attachment-large size-large wp-image-20031\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3b469a5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3b469a5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-45aac0ad\" data-id=\"45aac0ad\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3e587b87 elementor-widget elementor-widget-text-editor\" data-id=\"3e587b87\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3IMUkUF\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0a2ea50 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0a2ea50\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2c1d99a\" data-id=\"2c1d99a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2cae361 elementor-widget elementor-widget-text-editor\" data-id=\"2cae361\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Adding to the bearish tone around the GBPUSD is the more positive price action in the <a href=\"https:\/\/bit.ly\/3IMUkUF\" target=\"_blank\" rel=\"noopener\">US dollar index<\/a>. Currently price in the DXY is trapped between $97 to the upside and is supported by $95.50, but overall the bull flag is expected to break higher.<\/p><p>Across the pond in NYC, Mayor Bill de Blasio announced that the city will give $100 to each of the city&#8217;s residents who receive a booster dose of the COVID-19 vaccine. &#8220;This will be by far the biggest booster incentive program in the United States of America,&#8221; he told reporters. &#8220;This is the moment, come out in real big numbers, get those booster shots and help make your family safer and help make this whole city safer.&#8221; Not sure we&#8217;d see the same gesture from London Mayor Khan.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1ff4a1b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1ff4a1b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a6e301d\" data-id=\"a6e301d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8374547 elementor-widget elementor-widget-image\" data-id=\"8374547\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/31h4vPS\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"530\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/12\/brent-1d-3.jpg\" class=\"attachment-large size-large wp-image-20032\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-12bbd3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"12bbd3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6b6af573\" data-id=\"6b6af573\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-69008310 elementor-widget elementor-widget-text-editor\" data-id=\"69008310\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/31h4vPS\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-95bc6cf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"95bc6cf\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-414d176\" data-id=\"414d176\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ef154c7 elementor-widget elementor-widget-text-editor\" data-id=\"ef154c7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Yesterday, private data showed that <a href=\"https:\/\/bit.ly\/3EXWGOj\" target=\"_blank\" rel=\"noopener\">crude<\/a> inventories in the United States decreased last week. According to the American Petroleum Institute (API), its weekly report stated that US crude stockpiles dropped by 3.7 million barrels. Pointing to an increase in demand and a more hawkish economy. The report is also said to have shown a jump of 3.7 million barrels in <a href=\"https:\/\/bit.ly\/3GmwD3m\" target=\"_blank\" rel=\"noopener\">gasoline<\/a> inventories, which is a signal that drivers are rejecting the higher prices at the pump or that they need their cars less as we go into the holiday season. We now await official figures from the Energy Information Administration (EIA) scheduled for later today.<\/p><p><a href=\"https:\/\/bit.ly\/31h4vPS\" target=\"_blank\" rel=\"noopener\">Brent<\/a> tests the recent swing lows and the daily 200 EMA and found buyers but the 20 and 50-period EMAs are acting as decent dynamic resistance. A less worrisome Omicron variant would see demand come back for oil.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-955d0e0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"955d0e0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b6f2584\" data-id=\"b6f2584\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ed7dc39 elementor-widget elementor-widget-image\" data-id=\"ed7dc39\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"534\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/12\/forex-14.jpg\" class=\"attachment-large size-large wp-image-20033\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f9605e3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f9605e3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-71351a8\" data-id=\"71351a8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2beaf54 elementor-widget elementor-widget-text-editor\" data-id=\"2beaf54\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>At the start of the London session the forex heatmap offers little directional bias though the positive oil inventory data is lifting the <a href=\"http:\/\/bit.ly\/334hUb4\" target=\"_blank\" rel=\"noopener\">CAD<\/a>. The weakest currency relative to the others is the <a href=\"http:\/\/bit.ly\/2yFD0hu\" target=\"_blank\" rel=\"noopener\">Australian dollar<\/a> so commodity pairs are very mixed.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Market Brief The UK Health Security Agency will release its early data on the severity of the Omicron variant of COVID-19 before Christmas. In their findings, it is believed that most Britons appear to suffer from a milder disease caused by the Omicron coronavirus variant than the Delta strain. If this is true it will [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":20027,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[58,584,154,20],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Can sterling break higher or will GDP data cap recent gains? - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can sterling break higher or will GDP data cap recent gains? Can sterling break higher or will GDP data cap recent gains?\" \/>\n<meta property=\"og:description\" content=\"The South African early studies into Omicron may prove right in their initial assessment, as the UK HSA may be about to release a document concluding that Omicron is not as harmful as Delta. This may come too late for the UK service and hospitality sectors who are suffering due to the current Plan B measures.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-22T08:58:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-22T16:46:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/12\/gettyimages-954971790.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"454\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Neville Hornsey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Can sterling break higher or will GDP data cap recent gains? Can sterling break higher or will GDP data cap recent gains?\" \/>\n<meta name=\"twitter:description\" content=\"The South African early studies into Omicron may prove right in their initial assessment, as the UK HSA may be about to release a document concluding that Omicron is not as harmful as Delta. This may come too late for the UK service and hospitality sectors who are suffering due to the current Plan B measures.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Neville Hornsey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/\"},\"author\":{\"name\":\"Neville Hornsey\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\"},\"headline\":\"Can sterling break higher or will GDP data cap recent gains?\",\"datePublished\":\"2021-12-22T08:58:00+00:00\",\"dateModified\":\"2021-12-22T16:46:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/\"},\"wordCount\":607,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"Brent\",\"Covid-19 Omicron variant\",\"DXY\",\"GBPUSD\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/\",\"url\":\"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/\",\"name\":\"Can sterling break higher or will GDP data cap recent gains? - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2021-12-22T08:58:00+00:00\",\"dateModified\":\"2021-12-22T16:46:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Can sterling break higher or will GDP data cap recent gains?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\",\"name\":\"Neville Hornsey\",\"description\":\"Neville Hornsey holds a BA Honours 2.1 in Professional Media and has been a professional trader since 2007. Neville has worked for several brokerages and prop firms, specialising in the Foreign exchange and Futures markets and blends technical analysis with fundamentals, with a bias towards swing and intraday trade setups.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/nevillehornsey\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Can sterling break higher or will GDP data cap recent gains? - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/","og_locale":"en_GB","og_type":"article","og_title":"Can sterling break higher or will GDP data cap recent gains? Can sterling break higher or will GDP data cap recent gains?","og_description":"The South African early studies into Omicron may prove right in their initial assessment, as the UK HSA may be about to release a document concluding that Omicron is not as harmful as Delta. This may come too late for the UK service and hospitality sectors who are suffering due to the current Plan B measures.","og_url":"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2021-12-22T08:58:00+00:00","article_modified_time":"2021-12-22T16:46:41+00:00","og_image":[{"width":800,"height":454,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/12\/gettyimages-954971790.jpg","type":"image\/jpeg"}],"author":"Neville Hornsey","twitter_card":"summary_large_image","twitter_title":"Can sterling break higher or will GDP data cap recent gains? Can sterling break higher or will GDP data cap recent gains?","twitter_description":"The South African early studies into Omicron may prove right in their initial assessment, as the UK HSA may be about to release a document concluding that Omicron is not as harmful as Delta. This may come too late for the UK service and hospitality sectors who are suffering due to the current Plan B measures.","twitter_misc":{"Written by":"Neville Hornsey","Estimated reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/"},"author":{"name":"Neville Hornsey","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85"},"headline":"Can sterling break higher or will GDP data cap recent gains?","datePublished":"2021-12-22T08:58:00+00:00","dateModified":"2021-12-22T16:46:41+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/"},"wordCount":607,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["Brent","Covid-19 Omicron variant","DXY","GBPUSD"],"articleSection":["Markets"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/","url":"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/","name":"Can sterling break higher or will GDP data cap recent gains? - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2021-12-22T08:58:00+00:00","dateModified":"2021-12-22T16:46:41+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/can-sterling-break-higher-or-will-gdp-data-cap-recent-gains\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"Can sterling break higher or will GDP data cap recent gains?"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85","name":"Neville Hornsey","description":"Neville Hornsey holds a BA Honours 2.1 in Professional Media and has been a professional trader since 2007. Neville has worked for several brokerages and prop firms, specialising in the Foreign exchange and Futures markets and blends technical analysis with fundamentals, with a bias towards swing and intraday trade setups.","url":"https:\/\/youtrading.com\/en\/author\/nevillehornsey\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/20017"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=20017"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/20017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/20027"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=20017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=20017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=20017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}