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!
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Trend analysis (Fig. 1).
The GBP/USD currency pair may move upward from the level of 1.2622 (closing of Friday's daily candle) to the 23.6% pullback level at 1.2649 (red dotted line). If this level is reached, a continued upward movement is likely possible to the 38.2% pullback level at 1.2733 (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion: Today, the price may move upward from the level of 1.2622 (closing of Friday's daily candle) to the 23.6% pullback level at 1.2649 (red dotted line). If this level is reached, a continued upward movement is likely possible to the 38.2% pullback level at 1.2733 (red dotted line).
Alternatively, from the level of 1.2622 (closing of Friday's daily candle), the price may move upward to the 61.8% pullback level at 1.2661 (yellow dotted line). If this level is reached, a downward movement is possible to the 23.6% pullback level at 1.2649 (red dotted line).
*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.
Uz InstaSpot-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaSpot-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.
