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 British pound is trading around 1.2565, below the 2/8 Murray which represents strong resistance, and above the psychological level of 1.25.
We believe that the British pound could recover in the coming days since the strong downward movement caused by the inflation data from the US pressured the pair to reach a low of 1.2519.
If the British pound consolidates above Murray's eighth, we expect it to rebound and reach 50% and even 61.8% Fibonacci.
The inflation data from the United States makes investors think that the Federal Reserve will continue to tighten its monetary policy in the medium term. Such prospects are likely to put the GBP/USD pair under downward pressure in the coming days.
Technically the GBP/USD pair is within a downtrend channel. It is likely that if there is a technical bounce around 1/8 Murray located at 1.2522 in the next few hours, it could be seen as an opportunity to buy with targets at 1.2773, 1.2635, and 1.2695.
The eagle indicator is giving a positive signal. Any technical bounce above the psychological level of 1.25 will be seen as an opportunity to buy.
*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।
