Mtechtips MCX-SX GBPINR INTRADAY trading analysis 12-04-2019 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 Immediate support for GBPINR is 90.03.Resistance for the GBPINR is 91.32-91.38-91.68-91.81-91.92-92.34-92.59- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD SHORT position GBPINR is in sideways but the trend looks weak so better buy above 91.49 or hold with stop at 90.3925 The oscillator is showing SELL signal Intraday Trend- Sell if open below 90.07 with stop loss at 90.721 or sell below 89.92Buy is not advised till it cross 90.871 WWW.MTECHTIPS.COM 07489294118-119
Published on Apr 12 2019 10:56AM, by MTECHTIPS in Currency| Share This