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uk/Germany

Daily Market Analysis 26/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33081 with take profit at 1.33180. Bearish Preference: Sell position is envisaged if price trades below 1.32799 with take profit at 1.32671. Fundamentals:Tentative USD Treasury Currency Report Comment: GBP/USD extends the five-day downtrend towards refreshing 2021 low near 1.3300 heading into Friday’s London open. The …

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Daily Market Analysis 17/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34811 with take profit at 1.34985 Bearish Preference: Sell position is envisaged if price trades below 1.34304 with take profit at 1.34176 Fundamentals:8:00am GBP CPI y/y Comment: The dollar was up on Wednesday morning in Asia, remaining near a 16-month peak. Investors also digested the …

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Daily Market Analysis 03|05|2021: EURGBP

Instrument: EURGBP Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above price 0.87011 with take profit at price 0.87089. Bearish Preference: A sell position is envisaged if price trades below price 0.86902 with take profit at price 0.86821. Fundamentals:None with high Impact Comment: Good news largely in the price for GBP with the UK’s vaccine advantage …

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