Mtechtips MCX-SX GBPINR INTRADAY trading analysis 18-05-2018 MTECHTIPS:- Pound is strengthening against Indian Rupee in long- term .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 BUY signal .In last 1 month volatality is very less Buy the GBPINR above 93.99 or buy with strict stop at 90.41. 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 Support for GBPINR is 90.86-89.71-87.34-.Resistance for the GBPINR is 91.85-92.1-92.11-92.69- In medium term Pound is relatively strengthening against Euro- Dollar- Yen- In long term Pound is relatively strengthening against Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD LONG position GBPINR is in profit booking mode so better sell and enter at lower level The GBPINR is now trading is approaching overbought level. The GBPINR is now trading is approaching overbought level. The oscillator is on SELL signal and GBPINR is coming down from overbought level Intraday Trend- Buy is advised above 91.843 with a stop at 91.197 Below 91.097 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on May 18 2018 10:46AM, by MTECHTIPS in Currency| Share This