Sell GBPINR; target of : 104.30 : September 07, 2023: ICICI Direct

ICICI Direct, The pound hit the 1 .25 mark on Wednesday amid strong dollar and increasing risk -off sentiments.

Broker Research

September 07, 2023 / 09:57 IST

Rupee

ICICI Direct's currency report on GBPINR

The pound hit the 1 .25 mark on Wednesday amid strong dollar and increasing risk -off sentiments. The pair is likely to weaken towards 1 .2450 as long as it trades under 1 .2560 . The forecast of weaker economic numbers from the region could weaken the pair . GBPINR is expected to dip towards 104 .00 , as long as it trades under 104 .70 .

For all Currency report, click here

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07092023 - curre

Broker Research

first published: Sep 7, 2023 09:57 am

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