02-11-2022 09:02 AM | Source: Swastika Investmart Ltd
GBPINR is consolidating in the range of 101.20-102.00 - Swastika Investmart
News By Tags | #2767 #2911

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News in headline:

Rate hike bets keep U.S. dollar bid

Dollar swings up, down to flat after hot U.S. CPI data

Canadian dollar falls as investors weigh hot U.S. inflation data

Chart of the day:

GBPINR: GBPINR is consolidating in the range of 101.20-102.00 where move above 102.00 can lead some upside towards 102.20-102.30 while if it slips below 101.20 it may head towards 101.00-100.80 zone.

Technical View:

The mixed move can be seen in currency.

 

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