GBP/USD outlook:
Intraday 5478-85 is key level. Targets below are 5442-54, 5414 and 5383. Above
targets are 5494, 5507, 5542 and 5580. Today’s sensible range is 5454-5580. If gold stays below 1592 and EUR/USD
stays below its key level of 2481-90, sensible range should be considered as 5383-5507. 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 5478, 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 5478, 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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