GBP/USD outlook:
Intraday 5580-5609 is key level. Targets below are 5574, 5529-39, 5478-90 and
5429. Above targets are 5623, 5646-52, 5747 and 5787-97. Today’s sensible range
is 5529-5652. If gold stays below 1573 and
EUR/USD stays below its key level of 2498-2514, sensible range should be
considered as 5478-5623. 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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