Bearish Divergence in GBPINR

26 ביוני 2015

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