GBPINR : Technical View : 03.12.2019
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* GBPINR closed on a flat note 0.05% signaling indecision during it’s last trading session.
* But, on the daily timeframe the pair has started trading above its Parabolic SAR which signals positive strength in the counter.
* Moreover, the pair has sustained above its 20*50 EMA confirming bullish momentum in the pair.
* Also, the pair’s daily Heikin Ashi has formed a strong green candle which signifies control to the bulls.
* So based on the above technical structure, we expect bullish move in GBPINR future towards 92.90 level.
* But, on the daily timeframe the pair has started trading above its Parabolic SAR which signals positive strength in the counter.
* Moreover, the pair has sustained above its 20*50 EMA confirming bullish momentum in the pair.
* Also, the pair’s daily Heikin Ashi has formed a strong green candle which signifies control to the bulls.
* So based on the above technical structure, we expect bullish move in GBPINR future towards 92.90 level.