Daily Market Analysis 08/11/2021: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35157 with take profit at 1.35400. Bearish Preference: Sell position is envisaged if price trades below 1.34702 with take profit at 134502. Fundamentals:4:30pm USD Fed Chair Powell Speaks Comment: The USD/JPY pair maintained its bid tone heading into the European session and was last seen trading …