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!
EUR/GBP is finally testing key-resistance at 0.8866. This key-resistance will likely be able to reject the first test for a minor corrective decline to support the 0.8777 - 0.8795 area from where the next attack on the key-resistance is expected. A break above will confirm that a new impulsive rally above the 0.9499 peak.
R3: 0.8912
R2: 0.8890
R1: 0.8866
Pivot: 0.8832
S1: 0.8795
S2: 0.8777
S3: 0.8759
Trading recommendation:
We are long EUR from 0.8765 with our stop placed at 0.8670
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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