GBPINR : Technical View : 05.12.2019
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GBPINR has shined rising by 0.27% during it’s last trading session.
Moreover, on the daily timeframe has been trading in its upward sloping channel, which signals the counter is in a uptrend.
Moreover, the pair has sustained above its 20*50 EMA confirming positive momentum in the pair.
Also, a momentum indicator Stochastic (6) has been moving with a positive crossover, which signifies power to the bulls.
So based on the above technical structure, we expect bullish move in GBPINR future towards 93.75 level.
Moreover, on the daily timeframe has been trading in its upward sloping channel, which signals the counter is in a uptrend.
Moreover, the pair has sustained above its 20*50 EMA confirming positive momentum in the pair.
Also, a momentum indicator Stochastic (6) has been moving with a positive crossover, which signifies power to the bulls.
So based on the above technical structure, we expect bullish move in GBPINR future towards 93.75 level.