Dollar ends week strong on upbeat U.S. retail sales data - Swastika Investmart
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News in headline:
* Dollar firm as Delta virus threat looms over 'Freedom Day
* British Pound US Dollar (GBP/USD) Exchange Rate to Dip on UK Reopening Fears?
* Dollar ends week strong on upbeat U.S. retail sales data
Chart of the day:
The day trend in GBPINR is indicating downside move as failed to sustain at upside levels and making lower lows and lower facing resistance so sell on rise can be followed.
Technical View
The mixed move can be seen in currency.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![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)