01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
GBPINR managed to close above horizontal resistance of 93.80 - Swastika Investmart Ltd
News By Tags | #2767 #2911

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* USD/CNY fix: At 7.0899 vs the prior fix 7.1907

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* USDJPY traces firmer yields to print mild gains around 139.50, focus on G20, Japan GDP

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OUTLOOK:

GBPINR: GBPINR managed to close above horizontal resistance of 93.80, which has opened the door for a journey toward a level of 95.50-96.00, however 94.00 is immediate support level and on the upside 95.50 act as a resistance, where move above 95.50 can lead some upside momentum towards 96.00- 96.50 while if it slips below 93.80 it may head towards 93.00-93.20 zone.

 

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