Blog

Daily Market Analysis 24|11|2020: GBPUSD

GBP_USD
Daily Analysis / Learning Strategies / Online Education

Daily Market Analysis 24|11|2020: GBPUSD

Instrument: GBPUSD

Technical Analysis

Bullish Preference: 
A buy is envisaged if price trades above 1.33989 with take profit at 1.34089.
Bearish Preference: 
A sell is envisaged if price trades below 1.33252 with take profit at 1.33049.
Fundamentals:
USD CB Consumer Confidence 4PM

Comment: The pound is staying close to a near 12-week high against the dollar thanks to investor bets that the U.K. and the European Union will finally seal a Brexit trade deal soon. Negotiations between the two parties continue this week, racing to beat the end-of-year deadline for a deal.

Analysis: SCRUM Team

Leave your thought here

Your email address will not be published. Required fields are marked *

Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Color
  • Additional information
  • Attributes
  • Custom fields
Compare
Wishlist 0
Open wishlist page Continue shopping