Mtechtips MCX-SX GBPINR INTRADAY trading analysis 9-08-2019 MTECHTIPS- Pound is weakening against Indian Rupee .Currently Pound is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower 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 Pound is in HOLD SHORT position.Positionally Support for GBPINR is 85.41-85.26-.Resistance for the GBPINR is 86.87-87.85-89.01-89.85-91.44- 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 LONG position The GBPINR is in slight up trend. Hold long with tight stop at 86.354 If trades and sustain above 86.265 it is again buying signal The GBPINR is now trading is approaching overbought level. The GBPINR is now trading is approaching overbought level. The oscillator is showing BUY signal WWW.MTECHTIPS.COM 07489294118-119
Published on Aug 9 2019 11:09AM, by MTECHTIPS in Currency| Share This