Thursday, April 6, 2017

GBPINR Intraday Outlook : 6.4.2017

GBPINR Intraday Outlook : 6.4.2017
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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Pound is trading at 1.2481, rebounding from the levels of 1.2420 after Service PMI was reported way better than expectations at 55.0 against the expectations of 53.5 but US dollar strengthening against majors has capped further gain in British Pound. Today, economic calendar to remain light. Expect Sterling to trade in a range of 1.2510-1.2425 for the day.