Daily Market Analysis 20/10/2021: GBPUSD
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37899 with take profit at 1.37996. Bearish Preference: Sell position is envisaged if price trades below 1.37665 with take profit at 1.37577 Fundamentals:7:00am GBP CPI y/y Comment: The dollar consolidated at lower levels in early trade in Europe on Wednesday, after a sharp two-day drop driven …