GBP/USD outlook:
Intraday 5646 is key level. Targets below are 5627, 5606, 5580-94 and 5506. Above
targets are 5679, 5697 and 5729-53. Today’s sensible range is 5580-5697. If gold stays above 1617 and EUR/USD
stays above its key level of 2284-98, sensible range should be considered as 5627-5753. 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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