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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar slumps to 9-month low on expectations of dovish Fed pivot

* Fed Traders See Pivot From Rate Hikes to Rate Cuts in Second Half

* Japan's top FX diplomat warns sharp currency moves won't be tolerated

CHART OF THE DAY

OUTLOOK:

GBPINR: GBPINR consolidating in a narrow range of 100.80-101.20, where upside it has an immediate resistance level of 101.20, on the downside if it slip below 100.80 then downside it can test 100.40-100.60 levels, while above 101.20 it may head towards 100.40-101.60 levels.

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