GBP/USD outlook:
Intraday 5560-80 is key level. Targets below are 5507-39, 5478-84, 5441 and
5383. Above targets are 5629-46 and 5690. Today’s sensible range is 5478-5646. If gold stays above 1581 and EUR/USD
stays above its key level of 2100-2118, sensible range should be considered as 5507-5646. 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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