GBPINR has given Negative close below 99.90 on yesterday’s trading session - Swastika Investmart
News in headline:
Dollar firms ahead of U.S. inflation data; PBOC clips yuan's wings
Offshore yuan weakens further in response to the unexpected PBOC reference rate setting
Dollar higher as virus restrictions knock risk sentiment
Chart of the day:
GBPINR: GBPINR has given Negative close below 99.90 on yesterday’s trading session, where 99.6-99.55 will be the first support area while 99.23-99.30 are the next critical support levels. On the upside 100.20-100.30 levels critical hurdle above this we can expect 100.50-100.80 level.
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