GBP/USD outlook:
Intraday 5609-21 is key level. Targets below are 5580, 5554, 5465-78 and 5419.
Above targets are 5646, 5673, 5737 and 5776. Today’s sensible range is 5478-5646. If gold stays above 1612, EUR/USD stays
above its key level of 2390-99 and BOE Governor speaks positive in the
inflation hearing due today sensible range should be considered as 5554-5673. 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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