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Dealmoney - Commodity Daily - 17-Jan-20	Download pdf

GBPINR

• GBPINR from last week is falling and making strong bearish candles

• Pair has slump more than 3% in these sessions

• Pound which was majorly holding in rising channel has been broken on lower side, which indicates further weakness

• But we are expecting pair to rise and retest lower band before resuming its down trend

• So upside could be capped at 93.20 and 93.50 levels