Daily Market Analysis 07.08.2023: GBPUSD
Instrument: GBPUSD Bullish Preference: A buy position is envisaged if the price trades above 1.27418 with take profit at 1.27566. Bearish Preference: A sell position is envisaged if the price trades below 1.27080 with take profit at 1.26925. Fundamentals:No High Impact Comment: The U.S. dollar gained in early European trade Monday, rebounding from losses after Friday’s payrolls data ahead of …