GBP/USD outlook:
Intraday 6164-80 is key level. Targets below are 6131, 6108-05, 6057 and 6014.
Above targets are 6201, 6212, 6227 and 6242-49. Today’s sensible range is
6057-6212. Further, if gold stays above 1640 or if EUR/USD stays towards key
level top of 3208 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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