GBP/USD TECHNICAL OUTLOOK : 30.12.2016
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
GBP/USD. Pair after opening at 1.2271 made a high of 1.2291, and seen selling coming in near 1.23 mark after a long side wise trading days the levels of 1.2300has become a strong resistance unit ill the pair violated the said levels any rise is a shorting opportunity in the pair.
Fundamental Overview
Pound is trading at 1.2240, appreciating against the dollar in previous trading session. Natiionalwide HPI reported last yesterday was at 0.8% against the estimates of 0.2% on MoM and 4.5% against 3.8% on YoY basis. We expect the GBPUSD pair to trade within range as UK remains closed early at 12:30.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
GBP United Kingdom - New Year's Eve - Early close at 12:30
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Fundamental Overview
Pound is trading at 1.2240, appreciating against the dollar in previous trading session. Natiionalwide HPI reported last yesterday was at 0.8% against the estimates of 0.2% on MoM and 4.5% against 3.8% on YoY basis. We expect the GBPUSD pair to trade within range as UK remains closed early at 12:30.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
GBP United Kingdom - New Year's Eve - Early close at 12:30