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!
Trend analysis (Fig. 1).
The GBP/USD currency pair may move downward from the level of 1.2680 (closing of yesterday's daily candle) to the 50% pullback level at 1.2644 (blue dotted line). In the case of testing this level, an upward movement is possible to the 61.8% pullback level at 1.2708 (yellow dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion: Today, the price may move downward from the level of 1.2680 (closing of yesterday's daily candle) to the 50% pullback level at 1.2644 (blue dotted line). In the case of testing this level, an upward movement is possible to the 61.8% pullback level at 1.2708 (yellow dotted line).
Alternatively, from the level of 1.2680, the price may continue to move downwards to 1.2655, the 8-period EMA (blue thin line). In the case of testing this level, an upward movement is possible to the 61.8% pullback level at 1.2708 (yellow dotted line).
*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.
