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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Mexican president backs U.S. dollar as globe's 'principal currency'

* U.S. dollar struggles, pound hits one-year high

* Dollar weakens as traders eye key inflation data, Fed rate path

CHART OF THE DAY:

OUTLOOK:

GBPINR: GBPINR is continuing its bullish momentum and there are no signal of weakness where 103.80-103.90 is an immediate target level. On the downside 103.10-103.00 intraday and immediate support level. While below 103.00 lead further weakness toward 102.80-102.6.

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