GBPINR is respecting its 200 DMA beautifully, but 97.50-97.60 - Swastika Investmart
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/03/134ec00756cb94211bbdc0d6b4c33cdf.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
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.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. : NSE/BSE/MSEI: INZ000192732
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaime
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indiateam57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/munishakhatwal57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/tatapower57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/MP Ahammed.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Fintech Pre-budget expectation.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/uttarpradesh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyberpeace.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f8722dc5cfdcb05d0a567e0df6a967e.jpg)
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)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/0d562597437086057d1d974a11b8055d.jpg)
US dollar inches lower ahead of inflation report - Swastika Investmart
![Rupee appreciated marginally yesterday amid weak dollar and improved domestic market sentiments - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/66cd280e9738c19dbf6a4598307b1bf7.jpg)
![The USD/INR futures pair has support at 82.60 levels whereas resistance is placed at 83.10 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/01/590d81a01c4fd8dcbc9a9c7d515ec683.jpg)
![USDINR opened with an upward gap and remained lackluster within narrow trading range throughout the day - Axis Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/10/db751acbff1ab23ef81f0613f4077501.jpg)