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 is testing the monthly average control zone for the fourth time this month. Yesterday, this led to an increase in supply again. Now, there is a 75% probability to further keep the pair below the level of 1.3828.
When a trading plan is being built, it is important to consider that the pair is trading in a flat. The upper border is the monthly volatility range of 1.3828, while the support is the Weekly Control Zone 1/4 of 1.3747-1.3739. Until the support zone is broken, it is necessary to continue trading around the flat, which was formed on October 19.
It should be noted that trading in a flat means searching for buy and sell patterns from the upper and lower borders. Therefore, the closing of today's trading outside the flat zone will indicate the priority for the next 5 days.
The upward movement is still a medium-term impulse, so going beyond the lower limit of the flat will simply expand the scope of the corrective movement. The probability of consolidating above the level of 1.3828 this month is only 25%.
*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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