gbpinr weekly-strong recovery rally achieved 95.5 target

gbpinr weekly-strocng recovery rally achieved 95.5 target Gbp inr future this week closed with gain.   Weak pound was heading towards 93 level but strong reversal as well as weak rupee boosted to it up to 95.56 high.   95.7 is major hurdle if gbp inr future gives breakout above this then expect 97 and 98 levels on fresh buying and on sharp short covering.   Below 95.7, outlook and strategy will remain sell on rise. On downside targets are 94.6 and 93.

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