GBP/USD TECHNICAL OUTLOOK : 28.09.2016

GBP/USD TECHNICAL OUTLOOK : 28.09.2016

NIFTY Fut               : SELL ZONE
BANKNIFTY FUT : SELL ZONE
Click Here  & Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753

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 indicator divergence so the pair can bounce intraday as it has become over sold

Fundamental Overview

Pound is trading at 1.3000; continue to remain volatile and struggling to stay above the 1.30 mark. There was no major data from the UK yesterday but flows out of Euro could have added to the upward momentum. Expect the volatile trend to continue during the day with the pair hovering near the 1.30 mark.
Presented by

DISCLAIMER

The suggestions made herein are for information purposes and are not recommendations to any person to buy or sell any securities. The information is derived from various sources that are deemed to be reliable but its accuracy and completeness are not guaranteed.Our blog does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. And we won't be liable or responsible for any legal or financial losses made by anyone .Any surfing and reading of the information available in this blog is the acceptance of this disclaimer.