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 is trading closer to 1.37, the lowest since mid-April. The safe-haven dollar is gaining ground across the board as the Delta covid strain spreads quickly. Concerns about rising infections in the UK increase as the country reopens.
Pound/dollar has hit the lowest in three months and suffers from downside momentum on the four-hour chart. It also trades under the 50, 100 and 200 Simple Moving Averages and the Relative Strength Index is just above 30 – outside oversold conditions.
Support awaits at the psychologically significant 1.37 level, which is also the daily low. The next cushion is critical – the double-bottom of 1.3670, recorded in the spring. It is followed by 1.3620. A close back above 1.375 is needed to ease the immediate downside bias, with resistance then seen next at the top of the near-term range at 1.3800 and 1.3900.
Some resistance is at 1.3730, the previous July low, and then by 1.3750 and 1.3785.
*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。
InstaSpot分析评论将让您充分了解市场趋势！ 作为InstaSpot的客户，您将获得大量的免费服务以实现有效的交易。
