Instrument: GBPUSD
Technical Analysis
Bullish Preference:
A buy is envisaged if price trades above 1.33989 with take profit at 1.34089.
Bearish Preference:
A sell is envisaged if price trades below 1.33252 with take profit at 1.33049.
Fundamentals:
USD CB Consumer Confidence 4PM
Comment: The pound is staying close to a near 12-week high against the dollar thanks to investor bets that the U.K. and the European Union will finally seal a Brexit trade deal soon. Negotiations between the two parties continue this week, racing to beat the end-of-year deadline for a deal.
Analysis: SCRUM Team
