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Daily Market Analysis 25.07.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.20123 with take Profit at 1.20313 Bearish Preference: Sell position is envisaged if price trades  below 1.19511 with take Profit at 1.19335 Fundamentals:No Major Fundamental  Comment: The dollar was down on Monday morning in Asia, but moves were small as investors braced for a 75-basis-point interest rate …

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Daily Market Analysis 03.02.2022: GBPCHF

Instrument: GBPCHF Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24833 with take profit at 1.24969. Bearish Preference: Sell position is envisaged if price trades below 1.24630 with take profit at 1.24515 . Fundamentals:GBP 1:00 PM Asset Purchase FacilityBOE Monetary Policy ReportMPC Asset Purchase Facility VotesMPC Official Bank Rate VotesMonetary Policy SummaryOfficial Bank RateBOE Gov Bailey …

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Daily Market Analysis 26.01.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35240 with take profit at 1.35360. Bearish Preference: Sell position is envisaged if price trades below 1.34873 with take profit at 1.34723. Fundamentals:8:00pm USD FOMC Statement8:30pm USD FOMC Press Conference Comment: Although the pre-Fed anxiety becomes the key burden weighing down the pair prices, downbeat …

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Daily Market Analysis 14/12/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32566 with take profit at 1.32694. Bearish Preference: Sell position is envisaged if price trades below 1.32375 with take profit at 1.32238. Fundamentals:No Major Fundamental. Comment: The UK kicked off 2021 with an advantage – it secured more vaccines than its peers in the West, and …

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Daily Market Analysis 26/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33081 with take profit at 1.33180. Bearish Preference: Sell position is envisaged if price trades below 1.32799 with take profit at 1.32671. Fundamentals:Tentative USD Treasury Currency Report Comment: GBP/USD extends the five-day downtrend towards refreshing 2021 low near 1.3300 heading into Friday’s London open. The …

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Daily Market Analysis 22/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34400 with take profit at 1.34527. Bearish Preference: Sell position is envisaged if price trades below 1.34205 with take profit at 1.34097. Fundamentals:None with high impact on the pair Comment: The dollar was up on Monday morning in Asia, remaining near a 16-month high against the …

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Daily Market Analysis 25/10/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37947 with take profit at 1.38043. Bearish Preference: Sell position is envisaged if price trades below 1.37553 with take profit at 1.37438. Fundamentals:No major fundamental Comment: The GBP/USD pair extended its rejection slide from the very important 200-day SMA and witnessed some selling for the second …

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Daily Market Analysis 13/07/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38611 with take profit at 1.38789. Bearish Preference: Sell position is envisaged if price trades below 1.38342 with take profit at 1.38161. Fundamentals:1:30pm USD  CPI m/m             USD  Core CPI m/m    6:01pm USD  30-y Bond Auction Comment: The dollar is largely unchanged in early European …

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Daily Market Analysis 21|12|2020: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33012 with a take profit 1.33934. Bearish Preference: Enter a Sell position if price trades below 1.32340 with take profit at 1.31403. Fundamentals:No Major Fundamentals. Comment: The cable saw a gap down on Friday, we could attribute that to the stalemate in the Br-exit negotiations, also …

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Daily Market Analysis 14|12|2020: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1.33980 with take profit at 1.34664. Bearish Preference:  Sell is envisaged if price trades below 1.33297 with take profit at 1.32587. Fundamentals:No Fundamentals Comment: Fundamentally the pounds has seen some boost as investors see that a brexit deal is very possible soon, for this sole reason the …

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