GBP/USD TECHNICAL OUTLOOK : 04.01.2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
GBP/USD. Pair after opening at 1.2337made a low of 1.2270, and could not sustain the Lowe r levels and was trading volatile near the resistance of 1.23 and saw the pair strong short covering day before now 1.23 will act as a strong pivot if sustain then can see a momentumso intraday 1.2250 is a support.
Fundamental Overview
Pound appreciated against dollar as US dollar retraced from the high as major players remains on the side lines with pound appreciating against dollar and YEN and Euro. We have Constructions PMI date for the Month of December which will be reported late today.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
15:00 GBP Construction PMI (Dec) 52.8% 52.8%
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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GBP/USD. Pair after opening at 1.2337made a low of 1.2270, and could not sustain the Lowe r levels and was trading volatile near the resistance of 1.23 and saw the pair strong short covering day before now 1.23 will act as a strong pivot if sustain then can see a momentumso intraday 1.2250 is a support.
Fundamental Overview
Pound appreciated against dollar as US dollar retraced from the high as major players remains on the side lines with pound appreciating against dollar and YEN and Euro. We have Constructions PMI date for the Month of December which will be reported late today.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
15:00 GBP Construction PMI (Dec) 52.8% 52.8%