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Mtechtips MCX-SX GBPINR INTRADAY trading
analysis 18-12-2019
MTECHTIPS Pound is strengthening against Indian Rupee in long- medium-
short-medium- short- term .Currently Pound is in strong uptrend but volume is
unsatisfactory The open interest is not increasing with trend .. 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 92.95-92.42-90.76-89.84-89.3-88.79-.Resistance for the
GBPINR is 94.17-Short term and Intraday
Level of Pound with Rupee Currently GBPINR is in HOLD LONG position GBPINR is in
profit booking mode so better sell and enter at lower level The oscillator is
showing BUY signal
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