GBP/USD TECHNICAL OUTLOOK : 28.12.2016
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
GBP/USD. Pair after opening at 1.2280 made a high of 1.2287, 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 1.2220 and could not sustain there and saw some bounce so likely to trade volatile within 1.2230-1.2310 mark for the day ahead.
Fundamental Overview
Pound is trading at 1.2259, remaining largely unchanged as the UK markets shut yesterday on the eve of boxing day. the calendar remain light for the entire week. Expect range bound trading for the entire week with minimal changes. 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
3:00 GBP BBA Mortgage Approvals 41.6K 40.9K
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 1.2259, remaining largely unchanged as the UK markets shut yesterday on the eve of boxing day. the calendar remain light for the entire week. Expect range bound trading for the entire week with minimal changes. 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
3:00 GBP BBA Mortgage Approvals 41.6K 40.9K