Wednesday, 27 January 2016

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 28-01-2016

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 28-01-2016
Mtechtips Pound traded down Wednesday as investors booked profit after the currency pair posts its single day biggest gains in near two-months on Tuesday amid caution ahead of FOMC meeting.Now after witnessing more than 25 paisa negative opening GBPINR trading at 97.4525 levels. Short term trend is expect to remain bearish and below 97.35 pair will expect to test 97.00-96.60. Further, U.K. GDP data at 3pm today will decide its trend.
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