Daily Technical Analysis & Recommendations - GBPUSD - 2nd November, 2022

• GBPUSD holds gain above 1.1397. 
• FED in focus. 
• All eyes on FOMC as market anticipate another 75 pbs hike. 
• GBPUSD is staying in consolidation from 1.1664. 
• Intraday bias bullish. 
• On upside, if break 1.1574 will resume rise on FOMC Today. Next target is 1.1863. 
• We must stay on upward side. 

Trade Recommendations: Stay in buying, target @ 1.1724 & 1.1863, Stop Loss below 1.1397.

Naveed Anjum

Technical Analyst