GBP/USD outlook:
Intraday 5524-61 is key level. Targets below are 5506, 5478-90, 5465, 5426 and
5383. Above targets are 5580-96, 5614, 5646, 5686 and 5729-46. Today’s sensible
range is 5465-5596. If gold stays above 1696
and EUR/USD stays above its key level of 2217-41, sensible range should be
considered as 5506-5686. 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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