The Pound-to-Indian Rupee peaked in late September and then lost ground, falling over two and a half percent at the start of this month.
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The Pound-to-Rupee is probing a trendline following a relief rally from easing Brexit tensions due and expectations of a rate cut from the Reserve Bank of India (RBI) could provide the catalyst to …
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The Pound has bounced against the Rupee after establishing the October 6 lows but the short-term downtrend from the September highs remains intact and is probably likely to continue.
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The Pound-to-Indian Rupee is making a recovery at the start of the new trading week on easing political risks although insufficient bullish progress has been made so far to warrant the adoption of …
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The Rupee strengthened on Wednesday after the Reserve Bank of India (RBI) took some traders by surprise by not cutting base interest rates from their current 6.0% level.
Read more … →The Pound-to-Indian Rupee continues rising as the Pound benefits from a more solid outlook due to increased chances of a November rate hike and slightly reduced hard Brexit risks.
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The Pound-to-Indian Rupee exchange rate is seen making great strides higher on the combination of renewed Sterling strength and a loss of favour amongst investors for the Indian Rupee.
Read more … →The Pound has risen versus the Rupee amidst a deteriorating fundamental outlook for the latter.
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The Pound continued climbing against the Rupee since our last forecast and has met and surpassed our upside target of 83.175, reaching a high of 83.210 last Friday.
Read more … →The Pound to Indian Rupee is in a broadly sideways trend longer-term, however, within that range it is showing a possible bullish reversal on lower time-frames.
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