Mtechtips MCX-SX GBPINR INTRADAY trading analysis 12-11-2018 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 and fresh Buy can be considered in the GBPINR if it close above97.38 or buy with strict stop at 92.93. 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 92.74-92.12-91.25-.Resistance for the GBPINR is 95.13-95.14-95.44-96.27- In medium term Pound is relatively strengthening against Dollar- Yen- In long term Pound is relatively strengthening against Euro- Dollar- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD LONG position GBPINR is in sideways but the trend looks weak so better buy above 95.725 or hold with stop at 94.5525 The oscillator is showing SELL signal Intraday Trend- Sell if open below 94.201 with stop loss at 95.03 or sell below 93.962Buy is not advised till it cross 95.27 WWW.MTECHTIPS.COM 07489294118-119
Published on Nov 12 2018 10:49AM, by MTECHTIPS in Currency| Share This