Gbp inr weekly- fresh breakout almost achieved 85.45 target next tgt 89.25

Gbp inr weekly technical forecast for 14 to 18 November 2016 Gbp inr weekly technical forecast for 14 to 18 November 2016 Gbp inr future this week closed at 85.14 with gain. In last week’s we saw strong recovery move from low of 81.55 to high of 85.3. Above 83.4 gbp inr future remain bullish and buy on dips. On upside 85.45 and then 89.2 are swing target zones. Out of which 85.45 is almost got achieved in this week. From long term view, pound rupee future made bottom around 81.3 and on recovery rally achieved target of 84.1 and now heading for 91+ levels.

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Pramod Baviskar

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