Daily Market Analysis 20.07.2022: GBPUSB

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.20519  with take profit at  1.20975 Bearish Preference: Sell position is envisaged if price trades  below 1.19768 with take profit at 1.19324 Fundamentals:3:00pm     USD    Existing Home Sales Comment: The European Central Bank may consider raising interest rates by a larger-than-expected 50 basis points …

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