GBPINR yesterday witnessing sharp selling pressure from resistance of 102.60-103.00 - Swastika Investmart
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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Buy EURINR Dec @ 88.3 SL 88.1 TGT 88.5-88.7. - Kedia advisory