GBP INR weekly Technical analysis for 28 dec to 1 jan 2016

GBP INR weekly Technical analysis for 28 dec to 1 jan 2016
pound rupee future this week closed with loss at 98.6.
gbp inr weekly chart price trend and momentum both
now bearish and heading towards bottom.
 
 
For medium term, gbp inr support zones are 98.2 and 96.3.
On upside expect strong resistance at 100.2 and 102 levels.
 
 
For next week , below 100.2 pound remain weak and sell
so keep sellon rise view for gbp inr future with stop loss
above 100.2 for target 98.2 and 96.3.
 
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Pramod Baviskar

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