GBPINR yesterday gave a close green note around 102.05 - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Dollar slips after upbeat China data; euro, pound rise
* China wants weaker US dollar as reserve currency, says Biden economist nominee
* Dollar edges lower; Chinese growth data boosts risk sentiment
CHART OF THE DAY:
OUTLOOK
GBPINR: Technically, GBPINR yesterday gave a close green note around 102.05; last week we saw it trade within a range of 101.4-102.40 on the upside, it has an intraday immediate resistance zone around 102.25-102.35; on the downside, 101.80 is the first support level; while above 102.40, it may test towards 102.60 levels.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
