GBP/USD TECHNICAL OUTLOOK:11.11.2016
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
GBP/USD. Pair after opening at 1.2340 made a high of 1.2520, and seen some supply from the higher levels , and the pair could not sustain the 1.25 levels and reversed this signifies aggressiveness of bear at higher levels but 1.23 will support act as a strong support, but having strong support below 1.25 mark so likely to test and reversed from that levels
Fundamental Overview
Pound is trading at 1.2565, appreciating sharply against the US dollar in yesterday’s session. There was no economic data released yesterday but the pair has been influenced by the yields rising across the board. Add the optimism from the delayed Article 50, there was no stopping the rally. We expected 1.2600 to be tested but not beyond that.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Fundamental Overview
Pound is trading at 1.2565, appreciating sharply against the US dollar in yesterday’s session. There was no economic data released yesterday but the pair has been influenced by the yields rising across the board. Add the optimism from the delayed Article 50, there was no stopping the rally. We expected 1.2600 to be tested but not beyond that.