Daily Market Analysis 19.07.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above1.20708 with take profit at  1.20975 Bearish Preference: Sell position is envisaged if price trades  below 1.19966 with take profit at 1.19631 Fundamentals:4 PM BOE Gov Bailey Speaks Comment: The number of people claiming jobless benefits fell by 20,000 in June, less than expected, while average earnings growth slowed …

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