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:
The pound sterling is waiting for momentum from the Federal Reserve meeting. Yesterday, the pound rose by 77 pips, and the Marlin oscillator tried to return to the uptrend territory. If today's Fed meeting indicates a slowdown or signals an end of the tightening cycle, the pound may trade higher. The first target will be 1.3034.
Encouraged by success, the pound may try to break above the upper band of the green descending price channel (1.3138), which started in November 2007. Leaving the channel opens the way for growth in the medium-term. If the Fed maintains a firm stance, we should watch for attempts to break the target range of 1.2666-1.2720, where the MACD line is located, as its breakthrough will signal a decline in the medium-term, with the nearest target at 1.2533.
On the four-hour chart, the Marlin oscillator is full of optimism - it is already in the positive area, while the price is still below the balance and MACD indicator lines. Currently, the price is consolidating below the nearest resistance level at 1.2903. On its way to 1.3034, the MACD line at 1.2967 poses serious threats to the pound's growth. We are waiting for the Fed meeting - will the British currency receive any support for growth, or will it continue to fall?
*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।