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!
The GBP/USD pair could drop in the short term after reaching the ascending channel's upside line which serves as resistance. In the short term, it could slip lower before resuming its upwards movement. It could still grow as long as it stays within the channel's body.
1.3756 level, a former lower low, which was seen as an upside obstacle in the previous days, is now seen as a downside obstacle, or as a support level. We cannot exclude a temporary decline towards this level.
A minor decline could help the bulls buy from the lows. The upside scenario remains intact as long as the pair is traded within the channel's body above the uptrend line. Only dropping and stabilizing below the uptrend line could invalidate an upside continuation.
A minor decline was somehow expected after reaching the 1.3800 psychological level and the channel's upside line. Dropping a little, the GBP/USD pair may bring new buying opportunities from around the 1.3756 level. The pair could climb towards the 1.3902 higher high as long as it stays above the uptrend line.
*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。
