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 gained upside momentum and rallied higher to test key-resistance at 136.52. This resistance will likely be able to cap the upside temporary for a corrective set-back to 135.36 before the next push higher towards 138.31. In the long term, we are looking for a rally in wave iii/ to above the former peak at 142.02.
Support is now seen at 135.52 and then at 134.63, which ideally will protect the downside for renewed upside pressure.
R3: 137.15
R2: 136.52
R1: 135.80
Pivot: 135.36
S1: 134.90
S2: 134.63
S3: 134.32
Trading recommendation:
We are long GBP from 133.51 and we will move our stop higher to 133.80
*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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