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 has staged a recovery after having tested 1.3100 earlier in the day. Although the dollar keeps its footing on Monday, the British pound stays resilient. BOE Deputy Governor Jon Cunliffe reiterated that further monetary tightening may be necessary.
GBP/USD continues to trade below the 100-period SMA on the four-hour chartand the Relative Strength Index (RSI) indicator is retreating toward 40, confirming the bearish shift in the near-term technical picture.
On the downside, 1.3100 (Fibonacci 23.6% retracement, psychological level) aligns as key support. In case the pair makes a daily close below that level, sellers could show interest and drag it toward 1.3050 (static level) and 1.3000 (psychological level, static level).
Initial resistance is located at 1.3140 (100-period SMA) ahead of 1.3160 (static level, Fibonacci 38.2% retracement) and 1.3200 (psychological level, Fibonacci 50% retracement
*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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