Dalal street winners gbp inr Weekly forecast for 20 to 24 June 2016
Eur inr future this week closed with loss at 96.02. Pound is weak and is in absolute downtrend. This was third losing week for gbp and in these 3 weeks’ time frame lost almost 3 rupee plus. For next week, gbp inr future outlook is bearish and below 96.9 traders must keep sell on rise view for targets 95.1 and 93.7. On upside 96.85 and 98 are strong resistances for next week as well as stoploss zone for short positions. Currency traders can go short in gbp inr future around 96.85 on bounce back with stop loss for targets 95.1 and then 93.7.
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