Daily Forex Report by www.epicresearch.co 22th August 2013

GBP/INR (NSE/MCX-SX) has closed at the level of @101.2250. If it sustains above the level of @101.50 then it can touch the level of @101.74 and @102.21 respectively.

ListFree.org (Press Release) - Thursday, August 22nd, 2013

HEADLINES

RBI DAILY REFRENCE RATES

Trade Date 1 USD 1 GBP 1 EURO 100 YEN
21-Aug-2013 63.4605 99.4172 85.1205 65.0200
20-Aug-2013 63.7335 99.7875 85.0698 65.5100
19-Aug-2013 62.3461 97.3721 83.0686 63.8300
16-Aug-2013 61.8195 96.5682 82.4510 63.2900
14-Aug-2013 61.5160 94.9869 81.6266 62.5600
13-Aug-2013 61.4343 95.0757 81.7770 63.0900
12-Aug-2013 60.8025 94.2074 81.0345 63.0700
08-Aug-2013 61.1150 94.7710 81.5420 63.4400
07-Aug-2013 61.3940 94.1723 81.6990 63.2200
06-Aug-2013 61.5355 94.3708 81.5785 62.4900

GBP/INR DAILY TECHNICAL LEVELS

GBP/INR FOUR HOURLY CANDLESTICK CHART

S2 – 98.0783 S1 – 99.6517 PIVOT – 100.5508 R1 – 102.1242 R2 – 102.0233

GBP/INR (NSE/MCX-SX) has closed at the level of @101.2250. If it sustains above the level of @101.50 then it can touch the level of @101.74 and @102.21 respectively.

NEAR TERM OUTLOOK FOR POUND:

GBP/ INR July futures contract (NSE)

View: Bullish on GBP

Buy above 101.50 Market Lot: GBP 1000

Target: 101.50 / 101.74 Stop Loss: 100.80

Support: S1/ S2: 98.0783 / 99.6517 Resistance: R1/R2: 102.1242 / 103.0233

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