07-02-2021 11:21 AM | Source: Swastika Investmart Ltd
GBPUSD Price: Support Level at $1.37 Could Not Hold, Further Declination Envisaged - Swastika Investmart Ltd
News in headlines:
* Dollar rides high to U.S. jobs test
* GBPUSD Price: Support Level at $1.37 Could Not Hold, Further Declination Envisaged
* USD/JPY climbs to 14-month high
Chart of the day:
The day trend in USDINR is indicating sideways to upside move and forming consolidation on daily chart so buying can be done at lower levels.
Technical View:
* The mixed move can be seen in currency.
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Tag News
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
USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities
GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart