Daily Market Analysis 01.08.2022: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22065 with take Profit at 1.22238 Bearish Preference: Sell position is envisaged if price trades below 1.21703 with take Profit at 1.21535 Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: The dollar sank as markets continued to wager that the Federal Reserve has less tightening to do with …