Tuesday, April 25, 2017

GBPINR Intraday Outlook : 26.04.2017

GBPINR Intraday Outlook : 26.04.2017
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE

Pound is trading at 1.2837, rebounding from the lower levels of 1.2771 in yesterday’s session, which largely reflects the sharp upward shift to a higher trading band that was catalysed by British PM May's calling of a snap election last Tuesday. Last week's high at 1.2906, which is a six-month peak, remains in focus, though signs that the consumer sector is stagnating amid rising prices and falling real incomes have been reining in bullish sentiment. UK government borrowing fell GBP 20 bln in the year to March to a total of GPB 52 bln in the net figure excluding public sector banks figure. On the month, net borrowing rose by GBP 5.1 bln, more than the GBP 3.1 bln figure forecast by economists. Total government debt, excluding banks, rose to 86.6% of GDP, up from 83.6% in March last year. There are no economic reports yesterday from UK’s economy and even today calendar to remain light. Now market would focus on UK’s Q1 GDP numbers which are scheduled to be reported on Friday.

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EURINR Intraday Outlook : 26.04.2017
USDINR Intraday Outlook : 26.04.2017
Today 11.00 Am Intraday tips for Currency,Commodity and Equity
Online Forex Calls, 2nd Session: 26.APR.2017
Usdinr Intraday Calls, 1st Session: 26.APR.2017
*Indian Currency Support and Resistance Level : 26.04.2017

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