GBP/USD outlook:
Intraday 5815-30 is key level. Targets below are 5797, 5775, 5741, 5713 and
5646. Above targets are 5858-73, 5906, 5938-45 and 6014. Today’s sensible range
is 5741-5858. If gold stays above 1668 and
EUR/USD stays above its key level of 2510-32, sensible range should be
considered as 5775-5906. If the market goes
out of these ranges stay away from it as that will be an abnormal behavior from
intraday trading perspective. It is expected that market remains in a very
narrow range due to low volume expectations today.
From trend follow-up perspective important closing rates are > or < areas of 5787 and 5830. 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 5787 and 5830. 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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