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/JPY has extended its correction in red wave iv/ to a low of 137.04. Despite the extension through our ideal target near 138.31 we still see the decline from 142.76 as corrective. Red wave iv will be completed near 136.93 and the take-off in red wave v/ to at least 143.88 and possibly even closer to 148.02 is likely to happen.
In the short-term, a break above minor resistance at 137.83 will indicate the completion of red wave iv/, while a break above resistance at 138.39 will confirm its completion and red wave v/ unfolding.
R3: 138.39
R2: 137.83
R1: 137.50
Pivot: 137.40
S1: 137.04
S2: 136.93
S3: 136.67
Trading recommendation:
We have bought GBP at 137.45 and we have placed our stop at 135.75
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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