Daily Market Analysis 11.07.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.20013 with take profit at 1.20178 Bearish Preference: Sell position is envisaged if price trades below price 1.19466 with take profit at 1.19310 Fundamentals:3:15pm GBP BOE Gov Bailey Speaks Comment: GBP/USD fell 0.4%, with the political uncertainty surrounding the ruling Conservative party’s choice of their next …

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