Anatol Antonovici
GBP/INR Ends Week Lower, India Waits for Federal Budget
GBP/INR ends the week on a downbeat note, but the pair continues its sideways move on larger timeframes. At the time of writing, one...
GBP/INR Fails to Break Resistance of Sideways Channel Once Again
GBP/INR couldn’t break above the resistance of a sideways channel that formed in mid-December and is now pulling back. At the time of writing,...
GBP/INR Retreating on UK Retail Sales Data
GBP/INR is retreating on Wednesday morning after failing to break the resistance of a sideways channel that has been around for weeks. At the...
GBP/INR Edges Down on UK Jobs Data
GBP/INR continues the bearish stance on Tuesday, but it doesn’t show any signs of breaking below the support of the sideways channel that formed...
GBP/INR Starts Week on Upbeat Note, Trades Near 100
GBP/INR is starting the week off on the right foot, though no major fundamentals are backing the pound, except for the ongoing vaccination program....
GBP/INR Pulls Back from Resistance Area as UK Releases Retail Sales...
GBP/INR failed to break above the resistance line of a sideways channel and is now heading towards its support level. At the time of...
GBP/INR Maintains Above 100, Pound Lifted by BoE Chief’s Comments
GBP/INR bounced back on Thursday after dropping 0.20% in the previous session. However, the pair is trading near the resistance line of a horizontal...
GBP/INR Breaks Above 100.00 to Test Resistance of Horizontal Channel
GBP/INR continues with the bullish stance for the third straight session, though the pair is still maintaining inside a sideways channel that started to...
GBP/INR: Pound Recovers as Next Phase of Vaccination Programme Begins
GBP/INR is rebounding on Tuesday after hovering yesterday above the support line of a sideways channel that formed in mid-December. At the time of...
GBP/INR Getting Closer to Support Line of Sideways Channel
GBP/INR continues to retreat in early trading on Monday, after losing 0.67% on Friday. At the time of writing, one British pound buys 99.114...