GBP/USD outlook:
Intraday 5872-93/5903 is key level. Targets below are 5860, 5815-30, 5787, 5739
and 5709. Above targets are 5938, 5965 and 6014. Today’s sensible range is 5787-5938. If gold stays above 1648 and EUR/USD
stays above its key level of 2559-80, sensible range should be considered as 5830-5965. 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 5830 and 5938. 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 5830 and 5938. 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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