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/JPY pair crashed and now is located at 181.29 at the time of writing. As you can see on the H1 chart, the rate drops within a down-channel pattern. As long as it stays below the downtrend line, the price could extend its drop.
Escaping from the previous up channel announced a potential downward movement. The former low of 181.40 represents a downside obstacle. Now it is challenging this level.
Dropping and stabilizing above 181.40 activates more declines. This scenario could help the sellers to catch a larger drop. The down channel's downside line represents a potential target.
*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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