Mtechtips MCX-SX GBPINR INTRADAY trading analysis 22-05-2018 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 on BUY Signal and GBPINR is recovering from oversold level and has moved down its previous low with good volume points to a negative break out . The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is on BUY Signal and GBPINR is recovering from oversold level For short term Pound is in HOLD LONG position and GBPINR closed below 1 week low with volume signals down breakout.Positionally Support for GBPINR is 90.93-89.82-87.41-.Resistance for the GBPINR is 91.87-91.95-92.18-92.59- 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 GBPINR and closed below 1 week low with volume signals down breakoutCurrently GBPINR is in HOLD SHORT position The GBPINR is in downtrend For short term buy only if close above 91.803 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 91.833 with a stop at 91.077 Below 90.948 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on May 22 2018 10:46AM, by MTECHTIPS in Currency| Share This