GBPINR Intraday Outlook : 30.3.2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Pound is trading at 1.2444, after making a low of 1.2375. Sterling remained under pressure in yesterday’s session after British Prime Minister Theresa May triggered Article 50, formally beginning the two year process of the UK’s exit from the European Union, now the markets would be watching how EU would react to this. In terms of economic data there was no major data which was reported. Looking ahead we expect weakness to continue in British Pound.