Daily Market Analysis 17.03.2022: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.31969 take profit at 1.32137. Bearish Preference: Sell position is envisaged if price trades below 1.31537 take profit at 1.31421. Fundamentals:1pm GBP MPC Official Bank Rate VotesGBP Monetary Policy SummaryGBP Official Bank Rate Comment: Yesterday, the Fed raised the interest rate from 0.25% to 0.5% and changed its economic …