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Daily Market Analysis 28|04|2021: GBPJPY

Instrument: GBPJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 151.362 with take profit at 151.562. Bearish Preference: Sell position is envisaged if price trades below 150.820 with take profit at 150.620. Fundamentals:None with high impact Comment: The British pound has rallied a bit during the trading session on Tuesday but has given back some of …

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Daily Market Analysis 30|03|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged  if price trades above 1.37782 with take profit at 1.37939. Bearish Preference: Sell position is envisaged if price trades below 1.37235 with take profit at 1.37088. Fundamentals:3:00pm USD CB Consumer Confidence  Comment:  The dollar edged higher in early European trading Tuesday, elsewhere, GBP did a bit of recovering yesterday against the …

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Daily Market Analysis 23|03|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.38471  with take profit at 1.38688. Bullish Preference: Sell position is envisaged if price trades below 1.38219 with take profit at 1.38030. Fundamentals:9:40am     GBP    MPC Member Haldane Speaks12:50pm    GBP    BOE Gov Bailey Speaks3:00pm     USD    Fed Chair Powell Testifies Comment: The dollar strengthened in early …

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