Daily Market Analysis 26.05.2022: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26344 with take profit at 1.26917 Bearish Preference: Sell position is envisaged if price trades below 1.25233 with take profit at 1.24745 Fundamentals:1:30pm USD Prelim GDP q/q Comment: The minutes from the early May Fed meeting, released Wednesday, indicated that the central bank policymakers will be sticking to a plan to raise …