Mtechtips MCX-SX GBPINR INTRADAY trading analysis 4-10-2019 MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Pound. 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 HOLD SHORT position.Positionally Support for GBPINR is 87.2-86.8-.Resistance for the GBPINR is 88.33-88.62-88.71-88.74-90.34- In long term Pound is relatively strengthening against Euro- Dollar- Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in SELL position The GBPINR is in downtrend .Last day GBPINR was in bull trend So short term buyers buy if close above 87.522 The GBPINR is now trading is approaching oversold level. The GBPINR is now trading is approaching oversold level. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Oct 4 2019 11:13AM, by MTECHTIPS in Currency| Share This