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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Lagarde Says Croatia in Euro Shows Currency’s Appeal Endures

* Indian rupee ends down more than 10% in 2022, worst since 2013

* U.S. dollar widely unchanged as greenback is on track for best year since 2015

CHART OF THE DAY:

OUTLOOK:

GBPINR: GBPINR is consolidating in small range in 100.20-99.60 recent days, further move can be seen after the range breakout, however 99.60 is immediate support level and on the upside 100.10 act as a resistance, where move above 100.15 it can lead some upside momentum towards 100.25-100.40 while if it slips below 99.60 it may head towards 99.40-99.20 zone.

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