GBPUSD Price May Experience Bullish Reverse at $1.36 - Swastika Investmart
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News in headlines:
* Dollar holds gains on economic cheer, euro bounces but risks further decline
* Euro US Dollar (EUR/USD) Exchange Rate Sinks as Europe Faces Third-Wave of Covid-19
* GBPUSD Price May Experience Bullish Reverse at $1.36
Chart of the day:
The day trend in EURINR 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
![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)