GBP/USD outlook:
Intraday 5529-50 is key level. Targets below are 5478-93, 5445-62 and 5383.
Above targets are 5580, 5604-11, 5626-46 and 5729. Today’s sensible range is 5478-5646. If gold stays below 1609 and EUR/USD
stays below its key level of 2373-83, sensible range should be considered as 5445-5580. 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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