Mtechtips MCX-SX GBPINR INTRADAY trading analysis 27-08-2018

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Mtechtips MCX-SX GBPINR INTRADAY trading analysis 27-08-2018

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 and fresh Buy can be considered in the GBPINR if it close above90.77 or buy with strict stop at 86.72. 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 89.4-89.11-89.09-88.89-.Resistance for the GBPINR is 90.57-90.82-91.31- In medium term Pound is relatively strengthening against Euro- Dollar- Yen- 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 moving sideways so short term investor better to buy only above 90.3275 with stop at 88.8075 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 90.29 with a stop at 89.59 Below 89.481 go for sell

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