GBP/USD outlook:
Intraday 6108-40 is key level. Targets below are 6087-83, 6057, 6041, 6014 and
5993-63. Above targets are 6164-66, 6190, 6211 and 6242. Today’s sensible range
is 6057-6242. Further, if gold stays below 1640 or if EUR/USD stays below
crucial level of 3184-90 than GBP/USD upside might get limited to 6190 and
downside extended to 6041-14 area but chances seems less. 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 6057, 6108 and 6164. 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 6057, 6108 and 6164. 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.
No comments:
Post a Comment
Feel free to comment.