GBP/USD outlook: Intraday 5478-87 is key level. Targets below are 5451, 5422, 5411 and 5383. Above targets are 5502, 5549, 5580 and 5646. Today’s sensible range is 5451-5580. If gold stays below 1555 and EUR/USD stays below its key level of 2375-88, sensible range should be considered as 5383-5502. 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 5383 and 5580. 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 5383 and 5580. 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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