BRITISH POUND / INDIAN RUPEE
Short
Updated

GBP short

70
the D level of the ABCD pattern is giving the SELL signal, the target is c level i.e 80.5https://www.tradingview.com/chart/Bm9NR1bG/
Note
by the EOD of the Indian session , the GBP reached near the top level of the supply zone, will hold my view.
Trade active
if the price action closes above 83.1000
then my view is negated, square off the same.
Trade active
GBPINR decreased as expected, but in a leisure move, target is B level i.e 81.2447.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.