GBPINR witnessing the sharp selling pressure below 98.88 level - Swastika Investmart
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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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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
