Sell GBPINR; target of : 101.60 : November 10, 2023: ICICI Direct

ICICI Direct, Pound erased all its gains and ended with a loss of 0.50% amid rebound in the dollar.

November 10, 2023 / 11:46 IST

Rupee

ICICI Direct's currency report on GBPINR

Pound erased all its gains and ended with a loss of 0.50% amid rebound in the dollar. The pair is expected to weaken towards 1.2180 on expectation weaker GDP numbers. GBPINR is expected to slide towards 101.50, as long as it trades under 102.30. Only close below 101.50 it would weaken further towards 101.10.

For all Currency report, click here

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10112023 - curre

first published: Nov 10, 2023 11:41 am

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