Mtechtips MCX-SX GBPINR INTRADAY trading analysis 18-04-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 18-04-2018

MTECHTIPS:- Pound is Strongly strengthening against Indian Rupee .Currently Pound is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Pound. 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 and closed above 1 month high with volume signals up breakout.Positionally Support for GBPINR is 92.17-91.98-91.43-90.68-89.46-88.57-86.47-. Immediate resistance for GBPINR is 94.79 In long term Pound is relatively strengthening against Yen- Short term and Intraday Level of Pound with Rupee GBPINR closed above 1 week high with volume signals up breakoutCurrently GBPINR is in HOLD LONG position In short term GBPINR is in strong up trend so hold with stop at 93.388 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 if open above 94.599 with a stop at 93.862 or buy above 94.769 Below 93.692 go for sell or sell if open below93.862

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