Monday, September 26, 2016

GBP/USD TECHNICAL OUTLOOK : 27.09.2016

GBP/USD TECHNICAL OUTLOOK : 27.09.2016

NIFTY Fut               : SELL ZONE
BANKNIFTY FUT : SELL ZONE
 Click Here  & Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753

GBP/USD. Pair after opening at 1.2964made a high of 1.2988, and seen some selling pressure in the pair the pair has being volatile in the session after violating 1.30 mark , the pair has double bottom formation near 1.2940 mark and there is a incicator divergence so the pair can bounce intraday as it has become over sold

Fundamental Overview

Pound is trading at 1.2977; it was the most volatile currency yesterday trading between 1.2915 and 1.2985. There was no major economic data but the talks surrounding Brexit continued to dominate the currency. US dollar demand was also in focus as the presidential debate would determine the direction at least in the near term.