Mtechtips MCX-SX GBPINR INTRADAY trading analysis 20-02-2018 MTECHTIPS:- Pound is Strongly strengthening against Indian Rupee .Currently Pound is moving sideways The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing SELL signal but has moved past its recent high with good volume points to a positive break out . 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 and closed above 1 week high with volume signals up breakout.Positionally Support for GBPINR is 89.76-89.6-88.99-87.45-86.85-86.69-84.96-. Immediate resistance for GBPINR is 90.86 Short term and Intraday Level of Pound with Rupee GBPINR closed above 1 week high with volume signals up breakoutCurrently GBPINR is in HOLD LONG position GBPINR is in sideways and sellers was at high so for short term better buy above 90.942 or hold with stop at 88.95 The next resistance will be at 90.5 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 90.942 with a stop at 90.109 Below 89.96 go for sell and put stop at 90.791 WWW.MTECHTIPS.COM 07489294118-119
Published on Feb 20 2018 11:07AM, by MTECHTIPS in Currency| Share This