GBPINR yesterday, given the again gap down opening below 106.5 levels - Swastika Investmart
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/231afe21c0e0beac94aa33f94cde48f3.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Japan CPI inflation grows slightly in June, core CPI remains sticky
* Dollar gains as drop in US jobless claims boosts rate-hike bets
* Dollar edges lower with next week's Fed meeting in focus
CHART OF THE DAY:
OUTLOOK:
GBPINR: GBPINR yesterday, given the again gap down opening below 106.5 levels and the whole day, it faced resistance from higher levels and closed with a red note around 105.68. Due to the dollar index's strength from lower levels, it is now facing some selling pressure near its life-time high. Technically, on the upside, it has resistance around 107.00, and on the downside, below 105.5, it may test 105.3-105.00 levels in upcoming sessions.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. : NSE/BSE/MSEI: INZ000192732
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indiateam57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/munishakhatwal57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/tatapower57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/MP Ahammed.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Fintech Pre-budget expectation.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/uttarpradesh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyberpeace.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f8722dc5cfdcb05d0a567e0df6a967e.jpg)
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/ICICI Direct IMAGE.jpg)
Rupee is expected to depreciate today amid strong dollar - ICICI Direct
![USDINR December futures expected to trade in the range of 74.95 to 74.50 - HDFC Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/11/136578dfab43b8bda82f5de707e2bb3e.jpg)
![The USD/INR futures pair has support at 82.90 levels whereas resistance is placed at 83.30 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/112e49df2be17e2b824b3cc661007993.jpg)
![USDINR fell 10 paise to 82.57 after touching three months high of 82.82 on Monday - HDFC Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/05/f6b0f7247dd5ea17bda6b5a3eb6bc313.jpg)