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Daily Market Analysis 07.02.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.35218 with take profit at 1.35402. Bearish Preference: Sell position is envisaged if price trades below 1.34875 with take profit at 1.34663. Fundamentals: No major Fundamental. Comment: GBP/USD trades around the 1.3515 level at the time of writing, coming off a half a percentage point on Friday …

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Daily Market Analysis 04/08/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39383 with take profit at 1.39493. Bearish Preference: Sell position is envisaged if price trades below 1.39162 with take profit at 1.39049. Fundamentals:1:15pm    USD ADP Non-Farm Employment Change3:00pm    USD ISM Services PMI Comment: The dollar edged lower Wednesday, remaining near recent lows ahead of the …

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