GBP/USD outlook: Intraday 5646 is key level. Targets below are 5619-23, 5612, 5580 and 5541, and 5478. Above targets are 5664, 5697 and 5720. Today’s sensible range is 5612-5720. If gold stays below 1561 and EUR/USD stays below its key level of 2452-77, sensible range should be considered as 5580-5697. 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 > or < areas of 5580 and 5646. 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 > or < areas of 5580 and 5646. 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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