GBPINR : Technical View : 19.11.2019
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* GBPINR closed with a positive note and gained 0.70% during it’s Monday session.
* On the daily timeframe GBPINR has formed a series of higher highs and higher lows.
* The pair is currently trading above it’s previous swing highs, which can act as a great support in the near term.
* The pair is also trading above it’s Parabolic SAR, which is a positive sign for the pair, Also momentum indicator RSI (14) has been moving up decisively which is a bullish sign.
* So based on the above technical structure, we expect bullish move in GBPINR future towards 93.37 level.
* On the daily timeframe GBPINR has formed a series of higher highs and higher lows.
* The pair is currently trading above it’s previous swing highs, which can act as a great support in the near term.
* The pair is also trading above it’s Parabolic SAR, which is a positive sign for the pair, Also momentum indicator RSI (14) has been moving up decisively which is a bullish sign.
* So based on the above technical structure, we expect bullish move in GBPINR future towards 93.37 level.