GBP/USD TECHNICAL OUTLOOK : 2.1.2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
GBP/USD. Pair after opening at 1.2258 made a low of 1.2242, and could not sustain the Lowe r levels and violated the resistance of 1.23 and saw the pair strong short covering now 1.23 will act as a strong support and likely to find support and 1.2500 will act as a major resistance.
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 saw some cool off with no major data likely to see a range bound activity with no major data and global equity remaining shut likely to see range bound activity.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
GBP United Kingdom - Holiday
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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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 saw some cool off with no major data likely to see a range bound activity with no major data and global equity remaining shut likely to see range bound activity.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
GBP United Kingdom - Holiday