Sunday, December 15, 2019

GBPINR : Technical View : 16.12.2019

GBPINR : Technical View : 16.12.2019

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 In the last trading session, GBPINR glittered and closed in a positive note by 1.68%.

 Also the pair has been trading above its Parabolic SAR, which indicates positive momentum.

 Moreover, the pair has sustained above its 20*50 EMAs which signalsstrength in the counter.

 Additionally, momentum indicator MACD has shown a positive crossover, which indicates bullishness.

 So based on the above technical structure, we expect bullish move in GBPINR future towards 95.06 level.