GBPINR is continuing its bullish momentum and making higher highs on daily chart - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* AUD/USD refreshes day low below 0.7070 despite upbeat Caixin Services PMI
* EUR/USD drops below 1.0900 as market mood sours ahead of US NFP, ECB sees two more hikes
* GBP/USD sees a further downside to near 1.2200 as anxiety soars ahead of US NFP
CHART OF THE DAY
OUTLOOK:
GBPINR: GBPINR is continuing its bullish momentum and making higher highs on daily chart , however 101.00 is immediate support level and on the upside 101.40 act as a resistance, where move above 101.40 it can lead some upside momentum towards 101.80 while if it slips below 101.0 it may head towards 100.60-100.80 zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
