Mtechtips MCX-SX GBPINR INTRADAY trading analysis 11-01-2019 MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing BUY signal For short term Pound is in HOLD SHORT position.Positionally Support for GBPINR is 89.31-88.96-88.82-.Resistance for the GBPINR is 91.52-92.16-92.83-93.19- In medium term Pound is relatively strengthening against Euro- Dollar- Yen- In long term Pound is relatively strengthening against Euro- Dollar- Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD LONG position In short term GBPINR is in strong up trend so hold with stop at 89.804 The GBPINR is now trading is approaching overbought level. The GBPINR is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 90.591 with a stop at 89.99 Below 89.9 go for sell with stop at 90.501 WWW.MTECHTIPS.COM 07489294118-119
Published on Jan 11 2019 11:04AM, by MTECHTIPS in Currency| Share This