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!
4h
The currency pair GBP / USD on the 4-hour chart completed an impressive fall yesterday, after which it fully recovered all losses and returned to its original positions, to a correction level of 50.0% - 1.2869. Rebounding the quotations of the pair on January 16 from the Fibo level of 50.0% will make it possible to expect a reversal in favor of the US dollar and a fall to the correction level of 38.2% - 1.2765. Closing the pair above the Fibo level of 50.0% will increase the likelihood of continued growth in the direction of the next correction level of 61.8% - 1.2970.
The Fibo grid is built on extremes from September 20, 2018, and January 3, 2019.
1h
On the hourly chart, the fall in quotations to the correctional level of 61.8% - 1.2672 was replaced by growth to the correction level of 100.0% - 1.2815 and closing above it. Thus, today, growth can be continued in the direction of the next Fibo level of 127.2% - 1.2916. There are no ripening divergences today. Rebounding the pair from the level of 127.2% will work in favor of the American currency and return to the correction level of 100.0%.
The Fibo grid is built on extremes from December 31, 2018, and January 3, 2019.
Recommendations to traders:
Purchases of the GBP / USD currency pair can be carried out now with a target of 1.2916 and a Stop Loss order below the level of 100.0%, as the pair completed closing above the level of 1.2815 (hourly chart).
Sales of the GBP / USD currency pair can be carried out with a target of 1.2815 and a Stop Loss order above the level of 127.2% if the pair bounces off of the level of 1.2916 (hourly chart).
*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.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.
We are sorry for any inconvenience caused by this message.
