GBP/USD outlook:
Intraday 5580-5602 is key level. Targets below are 5529, 5478-87 and 5412.
Above targets are 5635-46, 5660, 5680 and 5787. Today’s sensible range is 5580-5680. If gold stays below 1578 and EUR/USD
stays below its key level of 2550-90, sensible range should be considered as 5529-5646. 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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