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Daily Market Analysis 28/06/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 1.39442 with take profit at price 1.39589. Bearish Preference: A sell position is envisaged if price trades below 1.39016 with take profit at price 1.38878. Fundamentals:No major fundamental. Comment: Gains accumulated around the June Federal Reserve meeting dissipated over last week as the US Dollar …

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Daily Market Analysis 24|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.21986 with take profit at 1.22088. Bearish Preference: Sell position is envisaged if price trades below 1.21862 with take profit at 1.21758. Fundamentals:ALL DAY: EUR. French Bank Holiday Comment: The Euro has a mostly positive turn through the middle of May, even if the headline stats don’t appear …

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