Daily Market Analysis 11|01|2021: GBPUSDJanuary 11, 2021 2021-01-11 9:04
Daily Market Analysis 11|01|2021: GBPUSD
Buy is envisaged if price trades above 1.35155 with take profit at 1.35546.
Sell is envisaged if price trades below 1.34728 with take profit at 1.34312.
Comment: The buck had some strength last week Friday as this could be attributed to data’s that favored the USD, we saw average hourly earning m/m increase from 0.2% to 0.8%, also employment rate dropping to 6.7%. This report shows that the U.S recovery is in place and the dollar economy is on its way to a full recovery.
Analysis: SCRUM Team