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 GBP/USD pair extended its sideways consolidative price action through the first half of the European session and remained confined in a range around the 1.3900 mark.
The pair struggled to capitalize on this week's solid rebound from the 1.3800 level, or the lowest level April 16 and has been oscillating in a range for the second straight session on Thursday. Investors now seemed reluctant to place any aggressive bets, rather preferred to move on the sidelines ahead of Thursday's key event risks – the BOE monetary policy decision and the Scottish parliament election.
The BoE is widely expected to maintain the status quo at the conclusion of the May meeting. The decision will be accompanied by updated economic projections, which might infuse some volatility around the British pound.
The downside, however, remains cushioned, at least for the time being, amid some follow-through US dollar pullback from two-week highs. Wednesday's rather unimpressive US macro data reaffirmed market expectations that the Fed will keep interest rates low for a longer period. This, along with the underlying bullish sentiment in the financial market, acted as a headwind for the safe-haven greenback.
*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।