GBPUSD Trade Idea- 19 Nov

GBPUSD Trade Idea- 19 Nov

19 Nov 2019 02:46 PM

USDINR:-A trend-line support is seen 1.2945 mark - the region seems to be an immediate strong demand zone. Momentum is below its zero-line as RSI(14) is below its 50 mark and is heading toward oversold zone.

Our Preference:- Buy at 1.2948

Target- 1.2980

Stop loss- 1.2932