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Daily Currency Market Updates

News in headline:

France's Macron beats Le Pen to win second term

Euro inches up after Macron's victory, gains against bruised sterling

Onshore and offshore yuan trading lower still

Chart of the day:

GBPINR: GBPINR witnessing the sharp selling pressure below 98.88 level but it starts to trade below this level then we can expect further weakness towards 98.6-98.4 levels, on the upside 99.10 will act as an immediate hurdle while 99.50 has become a critical supply zone.

Technical View:

The mixed move can be seen in currency.

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