Home / TIPS / Mtechtips MCX-SX GBPINR INTRADAY trading analysis 18-09-2015

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 18-09-2015

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 18-09-2015

Mtechtips The pound was little changed on Thursday, hovering close to a three-and-a-half week high after data showed that U.K. retail sales rose in line with expectations in August, as investors were cautious ahead of the Federal Reserve’s policy statement.Today, any downside move towards 103.00-102.90 could attract huge buying activates following to weakness in dollar index.Support is 102.80 breaks below could result bearish move towards 102.50-102.00 again.

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