GBPINR : Technical View : 29.11.2019
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* GBPINR closed on a very bullish note rising by 0.63% during it’s last trading session.
* Moreover, on the daily timeframe the pair has bounced back from the lower Bollinger Band which suggests prices to rise in the near term.
* Moreover, the pair has taken support of its 20EMA and has begun to rise indicating bullishness.
* Also, momentum indicator Stochastic (6) has shown a fresh positive crossover which is a positive sign for the pair.
* So based on the above technical structure, we expect bullish move in GBPINR future towards 93.01 level.
* Moreover, on the daily timeframe the pair has bounced back from the lower Bollinger Band which suggests prices to rise in the near term.
* Moreover, the pair has taken support of its 20EMA and has begun to rise indicating bullishness.
* Also, momentum indicator Stochastic (6) has shown a fresh positive crossover which is a positive sign for the pair.
* So based on the above technical structure, we expect bullish move in GBPINR future towards 93.01 level.