Mtechtips MCX-SX GBPINR INTRADAY trading analysis 20-06-2018 MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. 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 88.12-.Resistance for the GBPINR is 90.66-90.8-91-91.38-91.73-91.87- In medium term Pound is relatively strengthening against Dollar- Yen- In long term Pound is relatively strengthening against Dollar- Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD SHORT position GBPINR has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below89.65 Buy if above 91.04 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 90.441 with a stop at 89.76 Below 89.65 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Jun 20 2018 11:05AM, by MTECHTIPS in Currency| Share This