GBP/USD outlook:
Intraday 5609-5646 is key level. Targets below are 5567-80, 5534, 5498-5507 and
5478. Above targets are 5668, 5699 and 5729. Today’s sensible range is 5567-5699. If gold stays below 1587 and EUR/USD
stays below its key level of 2261-85, sensible range should be considered as 5498-5668. 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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