December 3, 2016

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 05-08-2016
MTECHTIPS ound fell over 1% in the mid-European trades Thursday after the Bank of England slashed its interest rates for the first time since 2009 and restarted its bond purchase program to counter economic consequences of UK’s historic exit from the European Union last month.GBPINR turn bearish after BOE policy and after breaching the support 89.10 tested 88.4550 before closing at 88.48 levels. A bearish pennant break down was observed on the GBPINR EOD chart which is potential to give bearish outlook for in the pair.Sell around 88.15-88.20 Target 87.70-87.40. Stop loss above 88.35. WWW.MTECHTIPS.COM
07489294118-119

mtech_tips1

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.