Daily Market Analysis 08/09/2021: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.37831 with take profit at price 1.37954. Bearish Preference: A sell position is envisaged if price trades below price 1.37490 with take profit at price 1.37388. Fundamentals:4:00pm GBP Monetary Policy Report Hearings Comment: Higher UK rates have encouraged a stronger GBP, but the pound is set to …