Mtechtips MCX-SX GBPINR INTRADAY trading analysis 16-09-2019 MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is 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 Pound is in HOLD LONG position.Positionally Support for GBPINR is 87.83-87.56-87.44-86.81-86.54-.Resistance for the GBPINR is 89.02-90.67- 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 sideways so for short term better buy above 88.998 or hold with stop at 87.7 The next resistance will be at 88.875 The GBPINR is now trading in highly overbought level. The GBPINR is now trading in highly overbought level. The oscillator is showing SELL signal WWW.MTECHTIPS.COM 07489294118-119
Published on Sep 16 2019 10:41AM, by MTECHTIPS in Currency| Share This