22-09-2023 09:13 AM | Source: Swastika Investmart Ltd
GBPINR yesterday witnessing sharp selling pressure from resistance of 102.60-103.00 - Swastika Investmart

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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ

* Argentina's dollarization proposal gains rare backing amid inflation woes

* Dollar Hits 6.5-Month High as Central Banks Adjust Rates


OUTLOOK:

GBPINR:

GBPINR yesterday witnessing sharp selling pressure from resistance of 102.60-103.00 levels, on the upside it has an immediate resistance of 103.00, on the downside below 101.60 it may head toward 101.40-101.20 levels. Traders are advised to stay with the momentum with the “Sell on rise” approach

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