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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
5th-7th
GBP
Halifax HPI m/m 0.5% 1.7%
12:45pm
EUR
Spanish Services PMI 55.6 56.1
2:00pm
GBP
Services PMI 58.1 58.5
5:45pm
USD
ADP Non-Farm Employment Change 218K 237K
6:00pm
USD
Trade Balance -42.6B -41.9B
7:30pm
USD
ISM Non-Manufacturing PMI 56.4 56.0
Rupee recovers, appreciates against US dollar.
Dollar edges lower as focus turns to U.S. jobs report.
Sterling slips on UK construction PMI miss, awaits BoE.
Euro rebounds after drop on New York sell-off, Greek market
plunge.
Industrial producer prices down by 0.1% in euro area.
UK construction output growth slows in July.
Spanish Unemployment registers its biggest decline in July since
1998, with 74,028 fewer unemployed.
News FLASH
Economic calendar – Aug 05
3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.9000 63.8000 63.7000 64.1000 64.2000 64.3000
EURINR 70.2000 70.1000 70.0000 70.4000 70.5000 70.6000
GBPINR 99.7000 99.6000 99.5000 99.9000 100.0000 100.1000
JPYINR 51.6000 51.5000 51.4000 51.8000 51.9000 52.0000
GBPINR on its daily charts had closed near to the trend line acting as strong support; hence bears can
become active if the counter holds below the level of 99.7500.
Pivot table
TECHNICAL VIEW
GBPINR