GBPINR is showing weakness from higher levels and currently trading at a important support,however 99.60 is immediate support level - Swastika Investmart
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DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* USD/CHF prints mild gains above 0.9300 as traders await Fed’s favorite inflation gauge.
* GBP/USD bulls firm above 1.2000 psychological support area
* Dollar edges lower as risk sentiment rises; Yen in demand
CHART OF THE DAY
OUTLOOK:
GBPINR: GBPINR is showing weakness from higher levels and currently trading at a important support , however 99.60 is immediate support level and on the upside 100.0 act as a resistance, where move above 100.0 it can lead some upside momentum towards 100.40 while if it slips below 99.60 it may head towards 99.00-99.20 zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
