GBPINR yesterday witnessed selling pressure from resistance of 103.6 - 103.7 levels - Swastika Investmart
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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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