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
Yesterday, the British pound managed to consolidate above the embedded green channel line. But at the same time, the price remains below the balance indicator line, which tells us about the corrective nature of the pound's highly volatile movements.
The signal line of the Marlin oscillator stopped rising at the border of the uptrend territory. It's possible that the oscillator will reverse, the price will fall below the trend line, and all the growth that we witnessed will turn out to be a false move. In this case, which is considered the main scenario, the price will attempt to break below the target level of 1.2596 and fall towards 1.2500 (December 2023 low). The price could break above, 1.2745 or even higher, after it surpasses yesterday's high of 1.2708.
On the 4-hour chart, the Marlin oscillator is gradually rising, and the signal line is close to moving towards the negative territory. However, since the price is moving above the balance and MACD indicator lines, and above the price channel line on the daily chart, we don't expect the pound to start a strong downward movement before tomorrow's European Central Bank meeting.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
