Moneycontrol PRO
HomeNewsCurrencySell GBPINR; target of : 101.20 : September 27, 2023: ICICI Direct

Sell GBPINR; target of : 101.20 : September 27, 2023: ICICI Direct

ICICI Direct, The pound lost more than 0 .40 % yesterday amid strong dollar and sluggish growth outlook in UK.

September 27, 2023 / 09:57 IST
Rupee

Rupee

ICICI Direct's currency report on GBPINR

The pound lost more than 0 .40 % yesterday amid strong dollar and sluggish growth outlook in UK. The falling expectation of rate hike in UK would weigh on the pound . The pair is expected to slide towards 1 .2060 as long as it trades under 1 .22 . GBPINR is expected to move towards 100 .70 , as long as the pair trades below 101 .80.

For all Currency report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

27092023 - curre

first published: Sep 27, 2023 09:54 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347