GBP/USD TECHNICAL OUTLOOK : 8.3.2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Fundamental Overview
British Pound is trading at 1.2208, rebounding from the levels of 1.2167. Meanwhile in the UK, where the British PM May was clear that she wanted an un-amended bill to be passed that gave her the power to trigger the formal exit from the EU, the British upper house of parliament voted to give lawmakers more power to reject the final terms. The UK government is also to release the annual budget today that shall include expected income and spending levels along with the borrowing levels and financial objectives of the government for the year. Expect GBP/USD pair to trade in a range.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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GBP/USD Pair after Opening at 1.2240made a high of 1.2253 and was trading with a negative bias during the day the on intraday session violateted the support of 1.22 and morning trading near 1.2210 and trading lower, and making lower top and bottom on the small time frame so any rise shall be utilize to sell the pair until the pair closes above 1.24 levels.Fundamental Overview
British Pound is trading at 1.2208, rebounding from the levels of 1.2167. Meanwhile in the UK, where the British PM May was clear that she wanted an un-amended bill to be passed that gave her the power to trigger the formal exit from the EU, the British upper house of parliament voted to give lawmakers more power to reject the final terms. The UK government is also to release the annual budget today that shall include expected income and spending levels along with the borrowing levels and financial objectives of the government for the year. Expect GBP/USD pair to trade in a range.