GBPINR Oct futures opened sharply lower with gap of more than 2 pct and prices continued to fall for most of the session and made a 3.5 yrs low of 81.86. Prices have remained volatile for the whole session and closed around 82.60 after a strong recovery.
Prices have been falling after breaking below the rectangle candlestick pattern and are expected to fall further from this level to wards next strong support placed at 81.60 and 80.80.
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