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pratiktech

Bearish Divergence in GBPINR

Short
BRITISH POUND / INDIAN RUPEE (FX_IDC:GBPINR)  
pratiktech  
FX_IDC:GBPINR   BRITISH POUND / INDIAN RUPEE
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Applying Fib Retracement and RSI on GBPINR chart, we can analyze that RSI is indicating Bearish Divergence. While, On Fib Retracement prices are trading near 3/1, breaking below the same can likely to trade lower to touch 4/1. Overall it seems to be that INR is going to appreciate against GBP
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