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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Bitcoin falls 7.2% to $26,634

* Dollar near two-month high, investors eye intervention-zone yen

* Exclusive-China's state banks seen selling dollars for yuan in London and New York hours

CHART OF THE DAY:

OUTLOOK:

GBPINR: GBPINR is continuing its bullish momentum above 105.88 level, and there are no signals of weakness where 106.10 is an immediate target level. On the downside, 105.80 intraday and immediate support levels While below 105.80 leads to further weakness towards the 105.70-105.50 zone.

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