GBPINR is consolidating in the range of 99.20-99.80 where move above 99.80 - Swastika Investmart
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News in headline:
Japan’s Suzuki and Yellen Confirm Existing Forex Agreements
Yen and yuan suffer as Fed eyes faster hikes
Onshore yuan is at its weakest since September 2021
Chart of the day:
GBPINR: GBPINR is consolidating in the range of 99.20-99.80 where move above 99.80 can lead some upside towards 100.00-100.20 while if it slips below 99.20 it may head towards 99.00-98.80 levels.
Technical View:
The mixed move can be seen in currency.
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