The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
The intraday USD selling bias picked up pace during the early European session and pushed the GBP/USD pair to daily tops, around the 1.3790 region in the last hour.
A combination of factors assisted the pair to regain some positive traction on Wednesday and built on the previous day's modest bounce from the 1.3700 neighbourhood. The British pound found some support following the release of better-than-expected UK macro data.
Hence, it will be prudent to wait for some follow-through buying beyond the 1.3800 mark before traders start positioning for the resumption of the recent bounce from multi-week lows. Nevertheless, the GBP/USD pair, for now, seems to have snapped two days of the losing streak.
The British pound remains under pressure against the US dollar towards the 1.3800 level. According to the overall size of the bearish pattern, the GBPUSD pair could fall towards the 1.3710 and 1.3680 support level.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
