GBP/USD outlook:
Intraday 5636-50 is key level. Targets below are 5610-16, 5579, 5553-66,
5507-28 and 5478-85. Above targets are 5679, 5725-39 and 5774-87. Today’s
sensible range is 5579-5739. If gold stays
below 1584 and EUR/USD stays below its key level of 2259-82, sensible range
should be considered as 5507-5679. 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, 5646 and 5787. 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, 5646 and 5787. 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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