GBP/USD TECHNICAL OUTLOOK : 27.09.2016
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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GBP/USD. Pair after opening at 1.2964made a high of 1.2988, and seen some selling pressure in the pair the pair has being volatile in the session after violating 1.30 mark , the pair has double bottom formation near 1.2940 mark and there is a incicator divergence so the pair can bounce intraday as it has become over sold
Fundamental Overview
Pound is trading at 1.2977; it was the most volatile currency yesterday trading between 1.2915 and 1.2985. There was no major economic data but the talks surrounding Brexit continued to dominate the currency. US dollar demand was also in focus as the presidential debate would determine the direction at least in the near term.
NIFTY Fut : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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GBP/USD. Pair after opening at 1.2964made a high of 1.2988, and seen some selling pressure in the pair the pair has being volatile in the session after violating 1.30 mark , the pair has double bottom formation near 1.2940 mark and there is a incicator divergence so the pair can bounce intraday as it has become over sold
Fundamental Overview
Pound is trading at 1.2977; it was the most volatile currency yesterday trading between 1.2915 and 1.2985. There was no major economic data but the talks surrounding Brexit continued to dominate the currency. US dollar demand was also in focus as the presidential debate would determine the direction at least in the near term.
