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Hari-Ram-Kumar
Apr 5, 2020 12:44 PM

GBPINR Analysis 05.04.2020 

BRITISH POUND / INDIAN RUPEEICE

Description

FX_IDC:GBPINR

Last couple of weeks show mixed data with high momentum on both sides.
The marked triangle is the area to be monitored for clues on direction.

However aggressive trade decisions can be made as shown in below chart based on Last week high and low

1. Watch for the pattern formed within the price range with blue blue in Daily chart.
2. Follow the pattern in daily chart to take long or short positions.
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