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News in headline:

* Dollar Recovery Over, but Fed Could Spark Second Wave of Strength

* Pound US Dollar Exchange Rate Rebounds, Rocketing to Monthly Peaks

* Euro US Dollar Exchange Rate Reaches New Month Best as USD Continues to Tumble

Chart of the day:

The day trend in GBPINR is showing upside move as breaking the resistance with good buying volume and managed to give closing above it so one can go long in it with buy on dips strategy as some profit booking might be seen at higher levels

Technical View:

* The mixed to upside move can be seen in currency but may face resistance

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