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!
We continue to look for a final push higher to 140.35 to complete blue wave iii and set the stage for a temporary sideways correction in blue wave iv towards 137.92 before the pair will rise to 141.86 and possibly even closer to 144.29 as the next major upside target.
Support is seen at 137.92 and then at 137.74.
R3: 140.35
R2: 139.80
R1: 139.20
Pivot: 138.75
S1: 138.34
S2: 137.74
S3: 137.14
Trading recommendation:
We are long GBP from 135.48 and we have our stop placed at 137.00. We will take profit on 50% of our long position at 140.25
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
