GBP/USD Price Analysis: Bulls target a significant retracement of bearish daily impulse - Swastika Investmart
News in headlines:
* Safe-haven dollar in demand as worries over European lockdowns, U.S. taxes sap risk appetite
* Markets Start to Worry About Year-End After Fed Ditches Crisis Measure
* GBP/USD Price Analysis: Bulls target a significant retracement of bearish daily impulse
Chart of the day:
The day trend in GBPINR is indicating sideways to downside move and facing moving average as resistance and making lower lows and lower high formation so one can go short in it with sell on rise strategy.
Technical View:
* The mixed move to downside can be seen in currency.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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The pair is likely to trade with negative bias and any pullback near immediate resistance of...