Mtechtips MCX-SX GBPINR INTRADAY trading analysis 15-05-2019 MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. 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 The current position is BUY .Positionally Support for GBPINR is 90.8-90.63-90.62-.Resistance for the GBPINR is 91.75-91.89-92.3-92.39- In medium 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 In short term GBPINR is in strong up trend so hold with stop at 91.278 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 91.843 with a stop at 90.958 Below 90.778 go for sell with stop at 91.663 WWW.MTECHTIPS.COM 07489294118-119
Published on May 15 2019 10:46AM, by MTECHTIPS in Currency| Share This