Mtechtips MCX-SX GBPINR INTRADAY trading analysis 27-05-2019 MTECHTIPS:- Trend updated for-May/27/2019.CMP-88.5825 The 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 . Noting point is selling at lower levels seems decreasing. The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing SELL signal For short term Pound is in SELL position.Positionally Immediate support for GBPINR is 87.54.Resistance for the GBPINR is 90.05-90.54-90.78-91.17-91.68-91.93-92.31-In medium term Pound is relatively strengthening against Euro- Dollar- Yen-Short term and Intraday Level of Pound with RupeeThe GBPINR is in downtrend For short term buy only if close above 88.583 The GBPINR is now trading is approaching oversold level. The GBPINR is now trading is approaching oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 88.897 with a stop at 88.343 Below 88.273 go for sell and put stop at 88.827 WWW.MTECHTIPS.COM 07489294118-119
Published on May 27 2019 11:03AM, by MTECHTIPS in Currency| Share This