Mtechtips MCX-SX GBPINR INTRADAY trading analysis 12-09-2019 MTECHTIPS:- Pound is strengthening against Indian Rupee in long- medium- short-medium- short- term .Currently Pound is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. 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 LONG position.Positionally Support for GBPINR is 88.36-87.64-87.63-87.11-86.81-86.37-.Resistance for the GBPINR is 90.75- 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 The GBPINR was in uptrend but yesterday market closed in confusion so better hold with tight stop at 88.425 If trades and sustain below 88.875 be alert The GBPINR is now trading in highly overbought level. The GBPINR is now trading in highly overbought level. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Sep 12 2019 11:24AM, by MTECHTIPS in Currency| Share This