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!
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GBP/USD
The British pound rose by 82 pips yesterday, reaching the MACD line. Today, the market opened above this line, and the upward movement continued. The signal line of the Marlin oscillator has not yet crossed into positive territory, suggesting the price may pause temporarily to gather momentum for the next push toward the target level at 1.3525 (the high from October 1).
Today, the UK releases a broad set of economic reports. Forecasts are moderately pessimistic:
The MACD line (today's opening level) provides initial support should a correction begin.
On the H4 chart, the price has entered a strong resistance zone from September 29 to October 7. The Marlin oscillator remains high but not yet overbought—meaning a pullback may still occur. Therefore, it is advised to wait for the release of economic data to determine whether the pound can continue its ascent or enter a corrective phase toward 1.3369.
*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।
