Mtechtips MCX-SX GBPINR INTRADAY trading analysis 18-07-2018

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 18-07-2018 MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is in strong downtrend with good momentum and the trend is supported with good volume 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 88.75-.Resistance for the GBPINR is 91.03-91.15-91.29-91.46-91.56-91.7- In medium term Pound is relatively strengthening against Euro- Dollar- Yen- In long term Pound is relatively strengthening against Euro- Dollar- Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD SHORT position GBPINR is in down trend so buy above 90.821 The sell will again come if below 90.1 The GBPINR is now trading is approaching oversold level. The GBPINR is now trading is approaching oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 91.172 with a stop at 90.179 Below 89.97 go for sell WWW.MTECHTIPS.COM 07489294118-119
Published on Jul 18 2018 10:50AM, by MTECHTIPS in Currency| Share This




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