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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar in holding pattern, inflation data provides little clarity on rates

* Dollar eases ahead of key U.S. inflation report

* Asia FX muted, dollar steadies as inflation data looms

CHART OF THE DAY:

OUTLOOK

GBPINR: GBPINR yesterday witnessed selling pressure from resistance of 103.6–103.7 levels. On the upside, it has an immediate resistance of 103.80, and on the downside, below 103.20, it may head towards 103.102.80 levels. Traders are advised to stay with the momentum

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