GBPINR - In high action region
GBPINR has again come to the region where it starts moving sideways before making a move to either of the directions.
200 EMA is acting as a strong support level at the moment, which also coincides with a key level.
I feel a breakout below this level would mean it dropping to the 93 level. A bounce back from this place would mean that we may go long up till 97.
200 EMA is acting as a strong support level at the moment, which also coincides with a key level.
I feel a breakout below this level would mean it dropping to the 93 level. A bounce back from this place would mean that we may go long up till 97.
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