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!
GBP/USD On the daily chart, the price is squeezed between the MACD line and the resistance level of 1.3525. Yesterday's attempt to break upward failed — the decline in the composite PMI from 53.5 to 51.0, with expectations of a smaller drop to 52.7, dampened the emerging optimism.
Today, there is an attempt to move downward. Consolidation of the price below the MACD line (once again) will open the target support at 1.3364. The signal line of the Marlin oscillator is turning downward from the zero neutral line. The likelihood of a renewed price reversal has increased.
On the H4 chart, the Marlin oscillator is also turning downward from the zero line. The synchronous reversal of the signal line on different timeframes may generate momentum for movement (both of the oscillator and the price). The price is making a smooth reversal from the resistance level of 1.3525.
*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.
