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!
Today, the GBP/USD pair is testing a significant support zone of 1.3810-1.3793. Last week, attempts to overcome this zone were unsuccessful. If today's closing occurs below the level of 1.3793, then the bearish trend will become the main one for the next 5 days.
In order for the upward movement to develop, it is necessary to close today's trading above the support zone of the WCZ 1/2. This will indicate that the July high will be tested again in the near future. Today is the decisive day, so it is recommended to open deals tomorrow in accordance with how the American session will close.
It is important to understand that transactions made near the WCZ 1/2 will be profitable, since the movement potential will be about 200 points. Setting a stop loss of 40-50 pips will allow you to get a risk/profit ratio of 1 to 5 and higher. At a distance, these transactions will bring a positive result.
*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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