British Pound Indian Rupee Forex Trading Report .

Currency Market Summary: British Pound / Indian Rupee

Market Prices
Open	72.7370 ↓
High	73.1060 ↑
Low	72.2140 ↑
Close	72.8860 ↑
Change	+0.1680 +0.23%
FX Market summary In the previous market session British Pound / Indian Rupee closed higher, up +0.1680 points. [CloseUp] GBP/INR has generated a swing buy signal. [SwingBuy] GBP/INR has made a new 50 day high. [50DayHigh, 20DayHigh, 5DayHigh] The FX rate GBP/INR has rallied. [Rally]

Trading Levels
Resistance 3	73.4945
Resistance 2	73.3509
Resistance 1	73.1184
Close	72.8860
Support 1	72.6536
Support 2	72.4211
Support 3	72.2775
Forex Trading Signals In the most recent trading session British Pound / Indian Rupee broke up through the first resistance level. [Res1Broke] In the previous trading session the market broke down through the first support level. [Sup1Broke] The market closed the session between support and resistance levels one. [SupCloseRes]

50 day high	20 day high	5 day high	5 day low	20 day low	50 day high
73.1060	73.1060	73.1060	71.0630	69.0740	66.1110

Moving Averages		Commentary
5 Day	72.5575	GBP/INR remains above its 5 day moving average. [CloseMa5]. This has been the case for 4 days when the closing price at that time was 71.8770.
20 Day	71.4508	GBP/INR remains above its 20 day moving average. [CloseMa20]. This has been the case for 26 days when the closing price at that time was 68.1420.
50 Day	70.1846	GBP/INR remains above its 50 day moving average. [CloseMa50]. This has been the case for 26 days when the closing price at that time was 68.1420.

FX Technical Analysis: British Pound / Indian Rupee

Moving Averages		Commentary
5 Day	72.5575	GBP/INR remains above its 5 day moving average. [CloseMa5]. This has been the case for 4 days when the closing price at that time was 71.8770.
20 Day	71.4508	GBP/INR remains above its 20 day moving average. [CloseMa20]. This has been the case for 26 days when the closing price at that time was 68.1420.
50 Day	70.1846	GBP/INR remains above its 50 day moving average. [CloseMa50]. This has been the case for 26 days when the closing price at that time was 68.1420.

Stochastic		Commentary
Stochastic	88.44	The stochastic is overbought yet it continues to rise. [StocOB, StocRise] The move up has been in place for 2 days at a price of 72.8430.
Trigger	85.06

Stochastic RSI		Commentary
Stochastic RSI	67.17	The stochastic RSI continues to rise. [StocRSIRise] The move up has been in place for 2 days when the price was 72.8430.
Trigger	62.01

Ichimoku Kinko Hyo Commentary
The Ichimoku Kinko Hyo trading system for British Pound / Indian Rupee is in bullish mode and it has been like this for 32 days. The closing price at the time the buy signal was generated was 68.5310. [IchiBullish]

Forex Trading Signals

FX Trading Signals - Technical Analysis signals recently generated.

GBP/CHF: [Ichimoku Kinko Hyo Sell Close]

EUR/HKD: [Inside Day]

NZD/JPY: [5 DMA Bearish Cross]

MTL/XPD: [Swing Sell]

CHF/SGD: [Inside Day]

Forex News

Foreign Exchange headlines.

Fri, 30 Jul 2010 09:41:21 GMT+00:00 FOREX-Dollar under pressure before US GDP - Reuters

Fri, 30 Jul 2010 09:27:52 GMT+00:00 My Trading Strategy with Moving Averages Tunnel and RSI (Forex Education) - IBTimes

Fri, 30 Jul 2010 06:10:15 GMT+00:00 Rolls-Royce profit drops on forex loss – Suppliers Share Wrap - Centre for Asia Pacific Aviation (subscription)

Fri, 30 Jul 2010 04:04:09 GMT+00:00 Japan's Noda: watching forex market closely - Reuters

Thu, 29 Jul 2010 20:27:16 GMT+00:00 WORLD FOREX: Euro Hits Near 12-Week High Vs Dollar; US Economy Weighs - Wall Street Journal

www.forex.co.uk

British Pound / Indian Rupee Overview:

Currency Market Summary: British Pound / Indian Rupee

FX Technical Analysis: British Pound / Indian Rupee