Daily Market Analysis 01|04|2021: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37921 with take profit at 1.38039. Bearish Preference: Sell position is envisaged if price trades below 1.37642 with take profit at 1.37505. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: The dollar remained strong in early European trading Thursday, near multi-month highs amid expectations of strong U.S. …