The Pound-to-Rupee exchange rate is trading at 87.15 at the time of writing, after declining almost 1.25% in the week before, and studies of the charts suggesting the exchange rate will probably co…
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The Indian Rupee is facing increasingly bearish fundamentals which could act as a headwind to further appreciation and even threaten the currency’s entrenched rise in value versus the Pound.
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Given the rebound in GBP/INR has gone further than would be expected for a throwback move, there is a growing chance it could be a more permanent recover.
Read more … →The Pound-to-Rupee exchange rate is trading at 87.70 as we reach the middle of the week, about a third of a Rupee lower than a week ago, with studies of the charts suggesting the pair probably has …
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GBP/INR is trading at around 88.06 at the start of the new week about half a percent higher than a week ago, nevertheless, studies of the charts suggest the exchange rate is set to resume its downt…
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The Rupee strengthened on Thursday in what was an unusual reaction to the Reserve Bank of India (RBI) having cut its interest rate and hinted that more reductions are on the way, but some analysts …
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The Pound-to-Rupee exchange rate is trading at 87.54 at the start of the new week, about 0.7% lower than a week ago and studies of the charts suggest the exchange rate is set to continue its downtr…
Read more … →GBP/INR has formed H&S topping pattern and we await the eventual breakdown in the exchange rate's direction.
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The Indian Rupee appears to be unwilling to push fresh highs against the Pound, Dollar and other major currencies with markets exhibiting some classic 'buy the rumour, sell the fact' on the convinc…
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The Rupee has gained sharply since exit polls began pointing toward a clear victory for incumbent Prime Minister Narendra Modi and his Bharatiya Janata Party, but analysts say gains for the Indian …
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