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:
On Thursday, the British pound gained 57 pips and tested the nearest resistance level at 1.2182, which is the embedded line of the price channel on the higher timeframe. If the bullish bias remains intact, the pair may rise to 1.2307. Beyond that, the target of 1.2444 will be in focus.
The signal line of the Marlin oscillator has approached the boundary of the uptrend territory. The line's transition into the positive area will fuel the upward movement. This is the main scenario.
The alternative scenario suggests breaking below the 1.2070 support level and aiming for 1.1900.
On the 4-hour chart, the price is progressing above the balance (red) and MACD (blue) indicator lines. To strengthen the bullish sentiment, the price should consolidate above the level of 1.2182. Marlin is rising in the positive territory. Furthermore, it's noteworthy that the signal line of the oscillator has turned upwards precisely from the zero line (arrow).
*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。
InstaSpot分析评论将让您充分了解市场趋势！ 作为InstaSpot的客户，您将获得大量的免费服务以实现有效的交易。
