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 broke below 1.3200 after testing 1.3300 earlier in the day, pressured by the negative shift witnessed in risk sentiment. UK Office for Budget Responsibility (OBR) announced that it lowered the 2021/2022 tax year growth expectation to 3.8% from 6%.
The Relative Strength Index (RSI) indicator on the four-hour chart holds well above 50 despite edging lower, suggesting that the recent decline is the correction of the latest upsurge.
On the downside, 1.3250 (Fibonacci 61.8% retracement of the latest downtrend) aligns as key support. If bulls continue to defend this level, the pair could eye 1.3300 (psychological level, daily high) before pushing higher toward 1.3350 (200-period SMA).
Below 1.3250, 1.3200 (psychological level, Fibonacci 50% retracement) could be seen as the next support ahead of 1.3170 (100-period SMA).
*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।
