Visitors Now:
Total Visits:
Total Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 21-10-2016

Friday, October 21, 2016 1:49
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Mtechtips MCX-SX GBPINR INTRADAY trading analysis 21-10-2016

B4INREMOTE-aHR0cHM6Ly8xLmJwLmJsb2dzcG90LmNvbS8tbWloRVlVRVR0blkvV0FuVVVJeHdXQ0kvQUFBQUFBQUE5a2svNmN0MlVmV0RvcklDQkx0bkRtRXJ2OGk4TGRrckpkUUxRQ0xjQi9zMzIwL0dCUElOUiUyQjQuanBn

MTECHTIPS Pound fell for second consecutive session Thursday after lower than expected UK retail sales data dampened sentiments. UK retail sales remained unchanged in September following a strong summer signaling Britain’s exit from the European Union, reported the Official for National Statistics on Thursday.GBPINR consolidated around 82.00 levels and settled at 82.0475, down by 0.08%. On the EOD chart pair failed to break its short term SMA and formed an indecisive candle stick which yet creating probability for correction and every rise towards 82.10-82.15 is expect to attract short term selling activities.  On the upside, strong resistance is seen at 82.30 and trend reversal could take place only above these levels and pair may test 82.55-82.75.

WWW.MTECHTIPS.COM

07489294118-119

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.