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!
GBP/USD is hovering at near 1.38 as the US dollar remains under pressure alongside US Treasury yields. Britain's successful vaccination campaign is boosting sterling. The BOE's Haskel and the Fed's Powell are set to speak.
The four-hour chart is showing that the Cable has been rejected at 1.3810, a line that capped it twice in late March – making it a critical barrier. Momentum has turned to the upside. All in all, bulls are gaining ground.
Bulls, however, struggled to capitalize on the move or find acceptance above the 1.3800 round-figure mark. As investors digested Tuesday's rather unimpressive US CPI report, a modest pickup in the US Treasury bond yields assisted the USD to rebound from three-week lows and prompted some selling around the GBP/USD pair.
Even from a technical perspective, the emergence of some selling at higher levels suggests that the positive move witnessed since the beginning of this week might have run out of steam. A subsequent slide below the 1.3745-40 region will reaffirm the negative bias and turn the GBP/USD pair vulnerable to slide further.
*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।
