GBP/USD outlook:
Intraday 6145-64 is key level. Targets below are 6108, 6086-78, 6044-57, 6014
and 5978. Above targets are 6210 and 6242. Today’s sensible range is 6057-6210.
Further, if gold stays above 1640 or if EUR/USD stays towards key level top of 3250
than GBP/USD upside might get extended to 6242. 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.
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