GBPINR : Technical View : 21.11.2019
Join Whatsapp 9841986753
Whatsapp Number : 91-9094047040 / 91-9841986753
* GBPINR closed with negative note and slipped by 0.06% during it’s last trading session.
* But, On the daily timeframe GBPINR has formed a series of higher highs and higher lows.
* Also, momentum indicator MACD has shown a fresh positive crossover which is an indication of higher levels to come.
* The pair is also trading above it’s Parabolic SAR, which is a positive sign and it is also moving above 50*200 days SMA’s which is an indication of strength in the counter.
* So based on the above technical structure, we expect bullish move in GBPINR future towards 92.98 level.
* But, On the daily timeframe GBPINR has formed a series of higher highs and higher lows.
* Also, momentum indicator MACD has shown a fresh positive crossover which is an indication of higher levels to come.
* The pair is also trading above it’s Parabolic SAR, which is a positive sign and it is also moving above 50*200 days SMA’s which is an indication of strength in the counter.
* So based on the above technical structure, we expect bullish move in GBPINR future towards 92.98 level.