Daily Market Analysis 01|06|2021: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.42442 with a take profit at price 1.42642. Bearish Preference: A Sell position is envisaged if price trades below 1.41602 with take profit at price 1.41412. Fundamentals:3:00pm USD ISM Manufacturing PMI4:00pm GBP BOE Gov Bailey Speaks Comment: The dollar weakened in early European trade Tuesday, slipping to …