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23/12/2021 9:34:09 AM | Source: Swastika Investmart Ltd
GBPINR is consolidating where 100.80-101 are immediate resistance level - Swastika Investmart Ltd
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GBPINR is consolidating where 100.80-101 are immediate resistance level - Swastika Investmart Ltd

Daily Currency Market Updates

News in headline:

* Dollar slips as risk sentiment improves, Aussie outperforms

* Pound Living on Borrowed Time as BoE-Fueled Bounce Will Likely Fade

* Economic Data Puts the Greenback and the Loonie in the Spotlight

Chart of the day:

GBPINR: GBPINR is consolidating where 100.80-101 are immediate resistance level. On the downside, 100.4- 100.30 is an immediate demand zone while 100.10 will be the next support level. It may catch up momentum anytime till it trade above 100.80 mark.

Technical View:

* The mixed move can be seen in currency.

 

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