Analyst
Intraday: Bullish
Preference: Buy position is envisaged if price trades above 1.30737 with take profit at 1.31000
Alternative scenario: Sell position is envisaged if price trades below 1.30300 with take profit at 1.29475
No major economic data with direct bearing to this pair
Comment: This pair has been ranging for quite some time and is trying to trade higher to the next resistance; likewise, the weakness of the US dollar has made its pairs more attractive and stronger; hence, a buy on GBPUSD is envisaged.
Intraday: Bullish
Preference: Buy position is envisaged if price trades above 1932 with take profit at 1940
Alternative scenario: Sell position is envisaged if price trades below 1921 with take profit at at 1913.
No major economic data with direct bearing to this commodity
Comment: Gold has been trying to recover from its losses since the NFP and given the market fear and likelihood of rising COVID 19 cases, it is envisaged to push higher. The dollar which reacts inversely to gold has remained weak, which is boosting this commodity.
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