GBPINR is continuing its bullish momentum, and there are no signals of weakness where 104.20 104.40 - Swastika Investmart
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/fe6826689956cfa058e633de461e4029.jpg)
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Euro advances, surges to 15-year peak vs yen, after ECB lifts rates
* Dollar surges after Fed signals more rate hikes ahead
* Japan will stop yen decline beyond USD/JPY 145, most economists say: Reuters poll
CHART OF THE DAY:
OUTLOOK:
GBPINR: GBPINR is continuing its bullish momentum, and there are no signals of weakness where 104.20-104.40 is an immediate target levels. On the downside, 103.90 intraday and immediate support levels While below 103.80 leads to further weakness towards the 103.60-103.20 level.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)
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EURINR trading range for the day is 88.77-89.77 - Kedia Advisory
![USD/INR is once again trading below 20 and 50 DMA. It has support around 72.40 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/03/df36b7649b74bb9f974c99c86673a0ab.jpg)
![Weekly Forex Report : Biasness for this week is expected to be sideways as the pair faces stiff resistance towards 82.90-83.00 levels - Religare Broking Ltd](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/7ea7aef55d13f4c983cc8293193b2f6d.jpg)
![USDINR has appreciated after US CPI data but comments from Fed member have strengthened USD - Tradebulls Securities](https://portfolio.investmentguruindia.com/uploads/news/Tradebull Securities.jpg)