The Pound-to-Rupee exchange rate is lower at the start of the new week but the technical outlook appears constructive.
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The GBP/INR exchange rate is trading at around 86.93 Wednesday, having risen 0.57% so far since the start of the week and studies of the charts suggest the exchange rate is biased to continue risin…
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The GBP/INR exchange rate is seen starting a new uptrend higher and there is a possibility of a break back above a technical neckline.
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The Rupee was steady on Wednesday after having taken a larger-than-expected interest rate cut from the Reserve Bank of India (RBI) in its stride, although analysts at Commerzbank and ING Group say th…
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Studies of the GBP/INR charts suggest that despite a recent sharp reversal higher, the exchange rate remains in an overarching downtrend which will probably trade lower in the short-term, or at lea…
Read more … →The sharp drop in GBP/INR is likely to continue subject to a break below the 84.20 level, with a subsequent downside target at 82.00.
Read more … →GBP/INR is trading at around 85.73 on Tuesday, down 0.50% this week so far and studies of the charts suggest the exchange rate will probably trade lower in the short-term subject to a break below t…
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The Pound-to-Rupee rate was trading around 85.85 Monday afternoon after falling almost half a percent so far this week, and studies of the charts suggest the exchange rate will probably move lower …
Read more … →The Pound-to-Rupee rate was trading at around 85.40 on Wednesday after falling over a third of a percentage point so far this week and studies of the charts suggest the exchange rate will probably tr…
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The Indian Rupee is strengthening as a result of a combination of factors, including lower oil prices, the resilience of India’s manufacturing sector, higher FDI flows and increased demand for the …
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