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Daily Market Analysis 11.07.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.20013 with take profit at 1.20178 Bearish Preference: Sell position is envisaged if price trades below price 1.19466 with take profit at 1.19310 Fundamentals:3:15pm GBP BOE Gov Bailey Speaks Comment: GBP/USD fell 0.4%, with the political uncertainty surrounding the ruling Conservative party’s choice of their next …

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Daily Market Analysis 28.01.2022: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14207.27 with take profit at 14264.00. Bearish Preference: Sell position is envisaged if price trades below 14048.15 with take profit at 13974.08 . Fundamentals:USD: 2:30PM Core PCE Price Index m/m4PM Revised UoM Consumer Sentiment Comment: In the wash after Wednesday’s FOMC rate decision there is still a …

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