GBP/USD TECHNICAL OUTLOOK.1.11.2016
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
GBP/USD. Pair after opening at 1.2237 made a high of 1.2272, and seen some supply near 1.220 levels but the pair was finding supports at 1.2200 but the pair is trading in a broader range of 1.23-1.2100 with oscillator front RSI remains oversold so likely to see some volatility going ahead.
Fundamental Overview
Pound is trading at 1.2236, continuing to remain on a weaker side after a brief up move in yesterday’s
session. Key event yesterday was an announcement from the Bank of England governor Carney who has said that he would continue in the job at least until June 2019. Manufacturing PMI is the only data for the day and positivity if any would be limited to 1.23.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
3:00:00 PM GBP Manufacturing PMI (Oct) 54.5 55.4
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Fundamental Overview
Pound is trading at 1.2236, continuing to remain on a weaker side after a brief up move in yesterday’s
session. Key event yesterday was an announcement from the Bank of England governor Carney who has said that he would continue in the job at least until June 2019. Manufacturing PMI is the only data for the day and positivity if any would be limited to 1.23.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
3:00:00 PM GBP Manufacturing PMI (Oct) 54.5 55.4