GBPINR on daily charts had been consolidating since last few sessions and if it holds below the lower consolidation on intraday charts then selling pressure can be seen in it.

1. 23 JULY14
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2. PIVOT TABLE
TECHNICAL VIEW
GBPINR
CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 60.2000 60.1000 60.0000 60.4000 60.5000 60.6000
EURINR 81.2500 81.1500 81.0500 81.4500 81.5500 81.6500
GBPINR 102.8000 102.7000 102.5500 103.0000 103.1000 103.2500
JPYINR 59.3000 59.2000 59.1000 59.5000 59.6000 59.7000
GBPINR on daily charts had been consolidating since last few sessions and if it holds below the lower
consolidation on intraday charts then selling pressure can be seen in it.

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