Sunday, April 2, 2017

GBPINR Intraday Outlook : 3.4.2017

GBPINR Intraday Outlook : 3.4.2017
NIFTY FUT  TREND             : BUY ZONE
BANKNIFTY FUT  TREND  : BUY ZONE


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British Pound is 1.2543, reversing from the levels of 1.2435. UK’s Q4 GDP data which was reported on Friday was lower than expected and Current Account beats the estimates. The EU set out a tough negotiating stance in the initial draft of its Brexit negotiating guidelines, but this had been widely expected. Today markets to focus on Manufacturing PMI data for the month of March, and Brexit related news will remain a potential market driver.