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25/11/2022 9:24:14 AM | Source: Swastika Investmart Ltd
GBPINR formed a large-bodied bullish candle on the daily charts - Swastika Investmart
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GBPINR formed a large-bodied bullish candle on the daily charts - Swastika Investmart

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE

*  USD/CHF fails to sustain above 0.9440 amid volatile US Dollar, Swiss Employment in focus

* EUR/USD turns above 1.0400 amid quiet market mood, Eurozone Gas price structure eyed

* USD/CNY fix: 7.1339vs. the last close of 7.1540

CHART OF THE DAY

 

OUTLOOK

GBPINR: GBPINR formed a large-bodied bullish candle on the daily charts after a gapup opening, however 98.60 is a immediate support while 99.00 is resistance zone. it takes out the 99.00 level, then we can expect a move towards the 99.20-99.40 level, While if it slips below 98.60 level, then 98.20-98.40 is the next support levels.

 

 

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