Posts
Mtechtips MCX-SX GBPINR INTRADAY trading
analysis 03-08-2016
MTECHTIPS Pound traded up
Tuesday as dollar plunged after worse than expected US GDP data reduced bets
for a Federal Reserve rate hike in near term.GBPINR has stalled its recent
bearish trend and recovered more than 0.40% yesterday. On the EOD chart failure of bearish pattern
is indicating for momentum upside move towards 90.00 and above in GBPINR before
any next bearish move. Further, crucial support is seen at 88.40 sustain trade
below only will expect to test 88.00-87.50.
WWW.MTECHTIPS.COM
07489294118-119
No comments:
Post a Comment