The GBP/INR futures pair has support at 103.00 levels - Monarch Networth Capital
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/07/86b33fb4f4697455678eda72d9d0affe.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
CURRENCY TECHNICAL OUTLOOK
* The USD/INR futures pair has support at 74.50 levels whereas resistance is placed at 74.80 levels. The pair is expected to find support at lower levels and trade firm above 74.80 level up to 75.00 and 75.15 levels
* The EUR/INR futures pair has support at 87.90 levels whereas resistance is placed at 88.40 levels. The pair is expected to range bound until either side level is breached
* The GBP/INR futures pair has support at 103.00 levels whereas resistance is placed at 103.60 levels. The pair is expected to find support at lower levels and trade firm above 103.60 level up to 103.80 and 104.00 levels
* The JPY/INR futures pair has support at 67.20 levels whereas resistance is placed at 67.80 levels. The pair is expected to range bound until either side level is breached.
CHART OF THE DAY
USDINR (DAILY CHART)
Strategy: Intraday
* USDINR pair took support of upward sloping trend line and settled above the same
* The pair is likely to trade with positive bias and any pullback near immediate support of 74.50 level should be taken as buying opportunity targeting 74.80 – 75.00 levels on higher side
* For Intraday session, it has support at 74.50 – 74.30 levels whereas resistance is placed at 74.80 – 75.00 levels
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.mnclgroup.com/disclaimer
SEBI Registration Number : INZ000043833
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/gold57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v89_Wex0B3E.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Zomato07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Piyush Goyal07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v38_zDiylqc.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Prashant Thakur ANAROCK Group.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v152_BhgJWbe.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f8722dc5cfdcb05d0a567e0df6a967e.jpg)
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)