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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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory