GBPINR Oct futures opened lower with gap and prices made a fresh 3.5 year low of 81.35. Prices consolidated in the range of 81.40- 81.60 for the whole session and are expected to remain bearish until breaks above 82 le vel.
Prices have fallen sharply after breaking below strong support of 86 level. Prices are expected to give bounce till 83 and 83.50 levels if break above 82 level. lower side strong supports are placed at 81.30 and 80.80 levels.
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