Daily Market Analysis 07/10/2021: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.36288 with take profit at 1.36411. Bearish Preference: A Sell position is envisaged if price trades below price 1.35689 with take profit at 1.35550. Fundamentals: 1:30pm USD Unemployment Claims Comment: The GBP/USD pair quickly recovered around 25-30 pips from the early European session lows, albeit …