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!
Pound continued to rise, albeit a little, because of the upcoming debate of candidates for the post of Prime Minister of the UK. Both Rishi Sunak and Liz Truss spoke against China, declaring the need for a tougher policy, especially in terms of trade relations. They said it is urgent to impose restrictions on the activities of Chinese companies and seek more favorable trading conditions because those could lead to sad consequences for the United Kingdom itself.
Much will be seen from how the market will behave today, for example, pound could jump sporadically if it returns to the values of yesterday's market opening. The main cause could be the reaction of traders over the statements of Sunak and Truss. On the other hand, if pound remains at current levels or continues to grow, quotes will be volatile, especially given the forecasts for a rate hike by the Fed.
EUR/USD has been moving within 1.0150/1.0270 for the past six days. This indicates the indecisiveness of traders, which could lead to accumulation. In this situation, the best trading tactic is to break through one or more borders.
The correction in GBP/USD extended, making the quote stay above 1.2050, which, in theory, gives a buy signal towards 1.2150. The situation will change only if pound returns below 1.2000.
*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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