February 26, 2017

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 01-09-2016

MTECHTIPS Pound snapped four days fall Wednesday as investors covered their short positions tracking subdued dollar ahead of labour market data from the world’s largest economy.GBPINR failed to break its previous day low, and saw a pull back towards 88.56 from the day low 88.1125. Intraday price action resulted in formation of high wave candle stick which is indicating for indecisive trend in days to come.Today, correction is expect to come below 88.05, else pair may show consolidation in the range of 88.20-88.60




Comments are closed.

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on MCXStar.com are their own, and not that of the website or its management. MCXStar.com advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.