GBP/USD
outlook: Intraday 6108-6164 is key level. Targets below are 6083, 6057, 6014,
5988 and 5940-55. Above targets are 6164-72, 6215 and 6242. Today’s sensible
range is 5988-6164. Further, if gold stays below 1640 or if EUR/USD stays below
crucial level of 3146 than GBP/USD downside risk might get extended to 5940. If
the market goes out of these ranges stay away from it as that will be an
abnormal behavior from intraday trading perspective.
From trend follow-up perspective important closing rates are areas of 5938, 6057 and 6108. Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial. The analysis given is not trading signals but the market picture.
From trend follow-up perspective important closing rates are areas of 5938, 6057 and 6108. Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial. The analysis given is not trading signals but the market picture.
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