GBP/USD outlook:
Intraday 5478-5502 is key level. Targets below are 5448, 5383 and 5326. Above
targets are 5542, 5580 and 5609. Today’s sensible range is 5448-5542. If gold stays below 1589 and EUR/USD
stays below its key level of 2283-2306, 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, 5478 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, 5478 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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