Euro Pound Exchange Rate Edges Higher as German Economic Sentiment Improves in May - Swastika Investmart
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News in headline:
* Fed rhetoric restrains dollar as traders eye inflation
* Pound Jumps to 10-Week High as 'Scoxit' Worries Fade
* Euro Pound Exchange Rate Edges Higher as German Economic Sentiment Improves in May
Chart of the day:
The day trend in GBPINR is indicating sideways to upside move as making showing bounce from the support with huge buying volume which indicates buy signal so one can go long in it.
Technical View:
* The mixed move can be seen in currency.
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Tag News
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)