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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Powell's steady hand steers dollar higher: McGeever

* Dollar steady as Fed's Powell says higher rates may be needed

* Dollar strengthens ahead of Powell's Jackson Hole speech

CHART OF THE DAY:

OUTLOOK:

GBPINR: GBPINR yesterday faced continued selling pressure from near-term resistance levels around 105.00 levels and given a close around 104.29, now it is standing at an important support level around 104.00, it placed around 100 DMA, On the upside, 105.20 acts as a major hurdle, while below 104.00, it may head towards the 103.80-103.60 zone.

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