GBPINR : Technical View : 25.11.2019
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* GBPINR has slipped half an percentage during it’s last trading session.
* Moreover, on the daily timeframe the pair has pushed back from the upper Bollinger Band, which may resist the price to move upside.
* Moreover, the pair has also shifted below the Parabolic SAR, which signifies bearish strength.
* Also, momentum indicator RSI(14) has shown a fresh negative crossover which is an indication of lower levels to come.
* So based on the above technical structure, we expect bullish move in GBPINR future towards 92.03 level.
* Moreover, on the daily timeframe the pair has pushed back from the upper Bollinger Band, which may resist the price to move upside.
* Moreover, the pair has also shifted below the Parabolic SAR, which signifies bearish strength.
* Also, momentum indicator RSI(14) has shown a fresh negative crossover which is an indication of lower levels to come.
* So based on the above technical structure, we expect bullish move in GBPINR future towards 92.03 level.