Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Trend analysis (Fig. 1).
The pound-dollar pair may move upward from the level of 1.2029 (closing of Friday's daily candle) to 1.2091, the 85.4% pullback level (yellow dotted line). From this level, the price may continue to move upward with the target at 1.2142, the upper fractal (yellow dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion:
Today, the price may move upward from the level of 1.2029 (closing of Friday's daily candle) to 1.2091, the 85.4% pullback level (yellow dotted line). From this level, the price may continue to move upward with the target at 1.2142, the upper fractal (yellow dotted line).
Alternatively, the price may move upward from the level of 1.2029 (closing of the Friday daily candle) to 1.2091, the 85.4% pullback level (yellow dotted line). From this level, a downward movement is possible to 1.2061, the 76.4% pullback level (yellow dotted line).
*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.
