GBP/INR is extending its rally after a short pause at the end of Monday. At the time of writing, the pair is trading at 98.477, up 0.57% as of 8:00 AM UTC. So far, this is the best session for the pound since the end of July. Yesterday, the price lost 0.24% after a strong start.
The price has just broken above a resistance level at 98.400, opening the door for more gains up until 98.800, which would be the updated year-to-date peak and the highest in four years. The price might find reliable support at the psychological level of 98.000.
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