GBPINR had formed a lower consolidation pattern on intraday charts and appeared weak on daily charts, suggesting it may break below 90.6000. The technical view from Trifid Research recommended GBPINR could fall further based on chart analysis showing recent weakness.

1. 08 JULY 13
www.trifidresearch.com

2. PIVOT TABLE
TECHNICAL VIEW
GBPINR
CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 60.4300 60.3000 60.1500 60.7200 60.8500 61.000
EURINR 77.8000 77.6500 77.5000 78.1200 78.3200 78.5500
GBPINR 90.4700 90.3000 90.1000 90.9300 91.1000 91.3000
JPYINR 60.4000 60.2500 60.1000 60.6800 60.8000 61.0000
GBPINR on intraday charts had made a lower consolidation pattern and also looks weak according to
daily charts and hence may give a breakout below 90.6000.

3. WWW.TRIFIDRESEARCH.COM
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