GBP/USD TECHNICAL OUTLOOK : 16.02.2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Fundamental Overview
Pound is trading at 1.2459, depreciating against US dollar after Average Earnings Index numbers reported lower than expected. Pound fell from 1.2540 to a low of 1.2383. Claimant Count Change and Unemployment rate datas were reported better than expected but had no major impact. Economic calendar remains light for the day. Expect 1.2450 to act as Pivot.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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GBP/USD. Pair after opening at at 1.2472 made a high of 1.2481 on last trading day and was trading with some negative bias and had a strong trend after violating the supports of 1.2440 and made a low of 1.2382 and rejected to go lower but at higher levels 1.25 will act as supply so likely to be volatile in 1.24-1.25 range.Fundamental Overview
Pound is trading at 1.2459, depreciating against US dollar after Average Earnings Index numbers reported lower than expected. Pound fell from 1.2540 to a low of 1.2383. Claimant Count Change and Unemployment rate datas were reported better than expected but had no major impact. Economic calendar remains light for the day. Expect 1.2450 to act as Pivot.