GBP/USD TECHNICAL OUTLOOK : 29.09.2016
NIFTY Fut : BUY ZONE
BANKNIFTY FUT : BUY ZONE
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GBP/USD. Pair after opening at 1.3021 made a low of 1.2980, 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 indicator divergence so the pair can bounce intraday as it has become over sold
Fundamental Overview
Pound is trading at 1.3025, being in the range of 1.2980 to 1.3030 for the entire day yesterday. There was no major data expect for a speech from one of the BOE members. Fears of Brexit had little impact on the currency this week and the pair is likely to inch higher in today’s session as well.
NIFTY Fut : BUY ZONE
BANKNIFTY FUT : BUY ZONE
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GBP/USD. Pair after opening at 1.3021 made a low of 1.2980, 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 indicator divergence so the pair can bounce intraday as it has become over sold
Fundamental Overview
Pound is trading at 1.3025, being in the range of 1.2980 to 1.3030 for the entire day yesterday. There was no major data expect for a speech from one of the BOE members. Fears of Brexit had little impact on the currency this week and the pair is likely to inch higher in today’s session as well.