Daily Market Analysis 03/08/2021: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39486 with take profit at 1.39654. Bearish Preference: Sell position is envisaged if price trades below 1.39081 with take profit at 1.38900. Fundamentals:No Major Fundamental Comment: The dollar edged lower Tuesday in tight trading ranges, with traders reluctant to take strong positions ahead of the …