GBP/USD TECHNICAL OUTLOOK : 27.12.2016
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
GBP/USD. Pair after opening at 1.2286 made a high of 1.2299, and seen side wise action in the last trading day after some selling coming in from the 1.2300 levels few days back the pair tested the levels of 1.2300 and sustain there for a while before bears came and took control and dragged prices lower below 1.23 now 1.23 will act as a resistance so utilized the rise to sell the pair.
Fundamental Overview
Pound is trading at 1.2283, unchanged from the levels seen on Friday. UK remains closed for today,
tomorrow and half a day on Friday. Economic calendar remains light and we expect no major moves till next week. Brexit remains the key focus and the negotiations between the EU and UK would be the driver for price of Pound next year.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
All Day Holiday United Kingdom - Boxing Day
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Fundamental Overview
Pound is trading at 1.2283, unchanged from the levels seen on Friday. UK remains closed for today,
tomorrow and half a day on Friday. Economic calendar remains light and we expect no major moves till next week. Brexit remains the key focus and the negotiations between the EU and UK would be the driver for price of Pound next year.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
All Day Holiday United Kingdom - Boxing Day