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MCX GBPINR Aug '24 (W4Q24)

111.0504s +0.0554 (+0.05%) 08/28/24 [MCX]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Wed, Aug 28th, 2024
Day Low
111.0175
Day High
111.4000
Open 111.1700
Previous Close 110.9950 110.9950
Volume 5,646 5,646
Open Interest 7,371 7,371
Relative Strength 80.34% 80.34%
Weighted Alpha +5.10 +5.10
5-Day Change +1.5329 (+1.40%) +1.5329 (+1.40%)
52-Week Range 103.0000 - 111.4000 103.0000 - 111.4000
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Contract Specifications

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Contract
GBPINR
Contract Size
Rs. per GBP (1 unit denotes 1000 GBP)
Tick Size
0.25 paise (INR 0.0025 per contract)
Trading Hours
9:00a.m. - 5:00p.m.
Exchange
MCX
Point Value
INR 100
Expiration Date
08/28/24 (expired)

Seasonal Chart

MCX GBPINR Aug '24
Average Price Chart for 5 Prior Aug Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
106.4600 +4.31%
on 08/08/24
Period Open: 107.7875
111.4000 -0.31%
on 08/28/24
+3.2629 (+3.03%)
since 07/26/24
3-Month
105.3000 +5.46%
on 06/03/24
Period Open: 106.8075
111.4000 -0.31%
on 08/28/24
+4.2429 (+3.97%)
since 05/28/24

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Most Recent Stories

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Dollar Continues Lower on US Rate-Cut Expectations

The dollar index (DXY00 ) on Wednesday fell by -0.26%, adding to Tuesday's loss of -0.43%. The dollar index continued lower on increased expectations for Fed rate cuts through year-end. The dollar was...

DXY00 : 97.744 (-0.10%)
GCZ25 : 3,405.0 (-0.10%)
SIU25 : 38.610 (+0.02%)
^USDJPY : 146.595 (-0.54%)
^EURUSD : 1.17024 (-0.02%)
Dollar Continues Lower on US Rate-Cut Expectations

The dollar index (DXY00 ) today is down -0.35%, adding to Tuesday's loss of -0.43%. The dollar index has continued lower on increased expectations for Fed rate cuts through year-end. The dollar is also...

DXY00 : 97.744 (-0.10%)
GCZ25 : 3,405.0 (-0.10%)
SIU25 : 38.610 (+0.02%)
^USDJPY : 146.595 (-0.54%)
^EURUSD : 1.17024 (-0.02%)
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EURGBP Is Finishing A Projected Correction Within Uptrend

EURGBP Is Finishing A Projected Correction Within an Uptrend, so soon we may see a continuation higher from technical point of view and by Elliott wave theory.

Dollar Falls as CPI Report Boosts Chances of a Fed Rate Cut

The dollar index (DXY00 ) on Tuesday fell by -0.43% due to the increased chances of a Fed rate cut after the CPI report. The market boosted the chances for a Fed rate cut at the September meeting to 96%...

DXY00 : 97.744 (-0.10%)
GCZ25 : 3,405.0 (-0.10%)
SIU25 : 38.610 (+0.02%)
^USDJPY : 146.595 (-0.54%)
^EURUSD : 1.17024 (-0.02%)
Dollar Trades Lower as CPI Report Boosts Chances of a Fed Rate Cut

The dollar index (DXY00 ) is down -0.28% today due to the increased chances of a Fed rate cut after today's CPI report. The market boosted the chances for a Fed rate cut at the September meeting to 96%...

DXY00 : 97.744 (-0.10%)
GCZ25 : 3,405.0 (-0.10%)
SIU25 : 38.610 (+0.02%)
^USDJPY : 146.595 (-0.54%)
^EURUSD : 1.17024 (-0.02%)
Dollar Moves Higher Ahead of US CPI Report

The dollar index (DXY00 ) on Monday rose by +0.36% to a 1-week high. The dollar moved higher Monday as EUR/USD retreated after comments from Ukrainian President Zelenskiy dampened optimism of any quick...

DXY00 : 97.744 (-0.10%)
GCZ25 : 3,405.0 (-0.10%)
SIU25 : 38.610 (+0.02%)
^USDJPY : 146.595 (-0.54%)
^EURUSD : 1.17024 (-0.02%)
Dollar Gains on Euro Weakness

The dollar index (DXY00 ) today is up by +0.38% at a 1-week high. The dollar is moving higher today as EUR/USD retreated after comments from Ukrainian President Zelenskiy dampened optimism of any quick...

DXY00 : 97.744 (-0.10%)
GCZ25 : 3,405.0 (-0.10%)
SIU25 : 38.610 (+0.02%)
^USDJPY : 146.595 (-0.54%)
^EURUSD : 1.17024 (-0.02%)
Dollar Pressured by Expectations of a More Dovish Fed

The dollar index (DXY00 ) on Friday fell by -0.20%. The dollar moved lower on Friday but remained above Thursday's 1.5-week low. The dollar was under pressure after President Trump late Thursday nominated...

DXY00 : 97.744 (-0.10%)
GCZ25 : 3,405.0 (-0.10%)
SIU25 : 38.610 (+0.02%)
^USDJPY : 146.595 (-0.54%)
^EURUSD : 1.17024 (-0.02%)
What Do We Know About Hedge Fund Activity in FX Options?

Trading volume in foreign exchange (FX) options is on the rise. What’s driving this trend and which currency pair is seeing the most activity?

Argan Holds Strong in Barchart’s Top 100: Up 66% in 2025 — What’s Next for Investors?

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LMB : 110.14 (+1.13%)
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Crude Futures Hold Range Ahead of CPI and Trump-Putin Meeting

Futures opened the Sunday night session at 63.48 [-0.40, -0.63%] from Friday’s 1:30pm settlement, but near Friday’s 4pm closing trades. September futures leaked lower until a bottom was found at 63.02...

Crude Oil Technical Analysis, Fibonacci & W.D. Gann

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

CLU25 : 62.89 (+0.38%)
Crude Prices Recover Early Losses on Doubts Over Ukraine Peace Plan

September WTI crude oil (CLU25 ) on Monday closed up +0.08 (+0.13%), and September RBOB gasoline (RBU25 ) closed down -0.095 (-0.46%). Crude oil and gasoline prices on Monday settled mixed. Crude prices...

CLU25 : 62.89 (+0.38%)
RBV25 : 1.9218 (+0.73%)
DXY00 : 97.748 (-0.09%)
Nat-Gas Prices Retreat as US Weather Forecasts Cool

September Nymex natural gas (NGU25 ) on Monday closed down -0.036 (-1.20%). Sep nat-gas prices on Monday tumbled to a 3.5-month low. Forecasts for cooler US temperatures, which will reduce natural-gas...

NGU25 : 2.831 (+0.11%)
Crude Prices Pressured on Hopes of an End to the Russian-Ukrainian War

September WTI crude oil (CLU25 ) today is down -0.09 (-0.14%), and September RBOB gasoline (RBU25 ) is down -0.172 (-0.82%). Crude oil and gasoline prices today are under pressure from a stronger dollar,...

CLU25 : 62.89 (+0.38%)
RBV25 : 1.9218 (+0.73%)
DXY00 : 97.748 (-0.09%)
What Are Wall Street Analysts' Target Price for EQT Corporation Stock?

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XOP : 124.93 (+1.35%)
EQT : 51.48 (+0.41%)
JEF : 62.99 (+2.87%)
Have Natural Gas Prices Bottomed?

Jim's forecast program (and other tools of the trade) have led him to surmise that being short natgas at these levels may be too risky

NGU25 : 2.831 (+0.11%)
TGU25 : 32.600s (+0.59%)
TGV25 : 32.992s (+0.52%)
NGV25 : 2.936 (+0.14%)
UNG : 12.40 (+0.98%)
BOIL : 29.96 (+1.15%)
KOLD : 36.09 (-1.15%)
Crude Prices Supported by Doubts About Ukrainian Peace Plan

September WTI crude oil (CLU25 ) on Friday closed unchanged, and September RBOB gasoline (RBU25 ) closed up +0.086 (+0.41%). Crude oil and gasoline prices on Friday settled mixed. Crude finished the session...

CLU25 : 62.89 (+0.38%)
RBV25 : 1.9218 (+0.73%)
Cooler US Summer Temps Undercut Nat-Gas Prices

September Nymex natural gas (NGU25 ) on Friday closed down -0.077 (-2.51%). Sep nat-gas prices settled lower Friday due to expectations for cooler summer weather that would reduce demand from electricity...

NGU25 : 2.831 (+0.11%)

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 100% Buy with a Strengthening short term outlook on maintaining the current direction.

Long term indicators fully support a continuation of the trend.

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Key Turning Points

3rd Resistance Point 111.6769
2nd Resistance Point 111.5385
1st Resistance Point 111.2944
Last Price 111.0504s
1st Support Level 110.9119
2nd Support Level 110.7735
3rd Support Level 110.5294

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52-Week High 111.4000
Last Price 111.0504s
Fibonacci 61.8% 108.1912
Fibonacci 50% 107.2000
Fibonacci 38.2% 106.2088
52-Week Low 103.0000

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