Jan 25 2019

GBPINR Trade idea

GBPINR- We see this pair is moving upside between a range of uptrend channel. At this point of time price touched the resistance and likely to touch below trend line. Stochastic is in overbought zone, seems like giving bearish crossover signal. RSI of 14 day is at 59, moving downside after touching overbought territory.

Our Preference- Sell at 93.15

Target-92.65

Stop loss-93.40