Mtechtips MCX-SX GBPINR INTRADAY trading analysis 02-08-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 02-08-2018

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 Buy the GBPINR above 91.96 or buy with strict stop at 88.41. 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 SHORT position.Positionally Support for GBPINR is 89.84-88.87-.Resistance for the GBPINR is 90.77-90.88-91-91.45-91.53- In medium term Pound is relatively strengthening against Euro- Dollar- In long term Pound is relatively strengthening against Euro- Dollar- Yen- Short term and Intraday Level of Pound with Rupee Currently GBPINR is in HOLD LONG position GBPINR is in sideways and sellers was at high so for short term better buy above 90.781 or hold with stop at 90.22 The next resistance will be at 90.68 The GBPINR is now trading in highly oversold level. The GBPINR is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 90.781 with a stop at 90.05 Below 89.92 go for sell and put stop at 90.651

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