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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar steady as traders wait on jobs data

* Lebanon banks 'have no liquidity,' says bank association secretary general

* Dollar climbs to 3-month highs; hawkish Powell provides support

CHART OF THE DAY:

OUTLOOK:

GBPINR: GBPINR is respecting its 200 DMA beautifully, but 97.50-97.60 is an immediate and critical resistance zone; above this, we can expect a short-covering rally towards the 97.80-98.00 zone. On the downside, 97.20 is an immediate support zone, while 97.00 is the next support zone.

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