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
By the end of Monday, the pound sterling had risen by 39 pips, surpassing the target level of 1.3525. Of course, such a move brings the pound closer to the MACD line at 1.3586; breaking through this level would allow it to reach 1.3631. However, the price continues to drift, and it could return below 1.3525, as has happened previously since July 23.
Today, US Manufacturing PMI data will be released. Forecasts are optimistic, so the market's reaction may serve as an indicator of its expectation for Friday's Nonfarm Payrolls.
On the four-hour chart, the price has consolidated above the 1.3525 resistance and above the MACD line. The Marlin oscillator is in positive territory. These combined signs indicate a growing trend. However, only price growth following the release of US data can confirm this optimism, as the sideways drift will likely continue until the Federal Reserve's rate decision on September 17.
*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।
