Daily Market Analysis 18/08/2021: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37764 with take profit at 1.37967. Bearish Preference: Sell position is envisaged if price trades below 1.37286 with take profit at 1.37135. Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: The dollar edged lower in Europe Wednesday, but remained at elevated levels with global growth concerns, caused by the ongoing …