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!
In our previous analysis on GBPUSD we talked about the break out and above the wedge pattern and the horizontal resistance at 1.32. Today price is breaking above this resistance providing an added bullish signal.
Blue rectangle- horizontal resistance
GBPUSD has made a higher low after the wedge break out and is now breaking above the resistance at 1.32. As we mentioned in our previous analysis holding above 1.32 is key. If bulls manage to defend 1.32 then we should soon expect price to reach 1.3360-1.3390. Support is at 1.32 and next at 1.3118.
*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.
