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GBP INR Technical Analysis Chart Forex Trend Forecast Currency Graph Trading signals Tips Strategies Recommendations- GBPINR moving up from strong support, Bulls will get active once it closes above 103.5800. (Updated on 06th August 2014, Wednesday).

GBP INR

GBPINR chart indicates that currency made a fake bearish breakout and bounced back as shown image no 1. It also indicates GBPINR moving up from strong 23.6% fibonacci retracement support zone and now facing strong trend line resistance (previous top) around 103.5800. Chart indicates once GBPINR closes above 103.5800 and stays above then further up trend is expecting.

Intraday close watch when GBPINR starts trading above 103.5800 if holds above then intraday action is expecting.
Suggested Reading - JPYINR has formed bullish ascending triangle formaton in daily chart.

If GBPINR closes above its previous top then currency will find next strong resistance around 104.5400 , 105.0175 & 105.7700 as shown in graph no 2.
Technicals also indicates that GBPINR is moving up from strong 50 days moving average support as long as holds above this currency will favor bulls.
Click here to see all the forecast (trading tips) reports published by us on GBPINR.
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4 comments:

Maya Aaliyah18 January 2020 at 10:50
Your post is very helpful!
It’s really amazing to have great stuff.
thanks a lot for sharing it.

I would like to offer a great topic for you. Once check it for valuable information.

Forex
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Currency Trading
Currency Trading
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Maya Aaliyah18 January 2020 at 10:50
Your post is very helpful!
It’s really amazing to have great stuff.
thanks a lot for sharing it.

I would like to offer a great topic for you. Once check it for valuable information.

Forex
Forex
Currency Trading
Currency Trading
ReplyDelete
Replies
Maya Aaliyah18 January 2020 at 10:50
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Maya Aaliyah18 January 2020 at 10:50
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

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