Mtechtips MCX-SX GBPINR INTRADAY trading analysis 29-03-2017
Mtechtips MCX-SX GBPINR INTRADAY trading analysis 29-03-2017.
MTECHTIPS:- Pound is weakening against Indian Rupee .Currently Pound is moving sideways The GBPINR is now trading in oversold level. The GBPINR is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the GBPINR if it close above82.66 or buy with strict stop at 79.44. 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 80.99-80.87-.Resistance for the GBPINR is 82.36-83.45-83.87-84.08-86.66-
In medium term Pound is relatively strengthening against Euro- Dollar- Yen- In long term Pound is relatively strengthening against Euro- Dollar-
Short term and Intraday Level of Pound with Rupee
Currently GBPINR is in HOLD LONG position GBPINR is again back in uptrend so hold with stop at 81.632 The GBPINR is now trading in highly overbought level. The GBPINR is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy above 82.254 and keep stop below 81.686 Target is 82.364 next 82.565 Below 81.577 trend reversal can occur and next level is 81.377
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