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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GBP/USD
Yesterday, the British pound unexpectedly returned to the intermediate resistance at 1.2525 – the lows of February 5th and 14th, and the 38.2% Fibonacci level. Despite the intermediate status of this level, its influence is increasing day by day.
If the price manages to consolidate above it, with the support of the Marlin oscillator, which has already entered the positive territory, it will be able to reach the target of 1.2596, which it did not reach on the 29th. If the price consolidates below the level of 1.2525, it will be much easier for it to fall by one figure to the target of 1.2427. Further targets are indicated.
On the 4-hour chart, the price is trying to rise as it is above both indicator lines. The Marlin oscillator intends to turn downwards from the boundary of the uptrend territory. Today, we do not expect strong movement as US employment data will be published tomorrow.
*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.
