Daily Market Analysis 11.01.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.36042 with take profit at 1.36200. Bearish Preference: Sell position is envisaged if price trades below 1.35736 with Take Profit at 1.35630 . Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: U.K. retail sales jumped in December, growing 4.6% compared with December 2019, the British Retail Consortium …

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