01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
GBPINR yesterday gave a close green note around 102.05 - Swastika Investmart
News By Tags | #2767 #2911

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* 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

 

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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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