Daily Market Analysis 04/08/2021: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39383 with take profit at 1.39493. Bearish Preference: Sell position is envisaged if price trades below 1.39162 with take profit at 1.39049. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI Comment: The dollar edged lower Wednesday, remaining near recent lows ahead of the …