28 JULY15

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TIME CURRENCY DESCRIPTION FORECAST PREVIOUS

2:00pm GBP

Prelim GDP q/q 0.7% 0.4%

2:00pm GBP

Index of Services 3m/3m 0.5% 0.5%

6:30pm USD

S&P/CS Composite-20 HPI y/y 5.2% 4.9%

7:15pm USD

Flash Services PMI 55.1 54.8

7:30pm USD

CB Consumer Confidence 100.1 101.4

7:30pm USD

Richmond Manufacturing Index 6 6

Rupee ends day at 64.16 versus US dollar.

Euro up 1 pct against dollar after German IFO survey beats

forecasts.

Won, Philippine peso, rupiah weaker; baht gains.

Dollar subdued vs euro and yen, Fed awaited for cues.

China's yuan unchanged as central bank signals stability.

German Ifo Business Climate Index Rises.

SGerman business morale brightens in July as Greece situation

improves.

News FLASH

Economic calendar – July 28

CURRENCIES S1 S2 S3 R1 R2 R3

USDINR 64.1000 64.0000 63.9000 64.3000 64.4000 64.5000

EURINR 71.0000 70.9000 70.8000 71.2000 71.3000 71.4000

GBPINR 99.5000 99.4000 99.3000 99.8000 99.9000 100.0000

JPYINR 52.0000 51.9000 51.8000 52.2000 52.3000 52.4000

GBPINR on its daily charts closed around the resistance of 99.6750 i.e. sustaining on higher levels and

hence buying momentum is expected to continue above the level of 99.7000.

Pivot table

TECHNICAL VIEW

GBPINR

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