Daily Market Analysis 29/10/2021: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38033 with take profit at 1.38134. Bearish Preference: Sell position is envisaged if price trades below 1.37738 with take profit at 1.37642. Fundamentals:1:30pm USD Core PCE price IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The GBP/USD pair has managed to erase a portion of …