EN
- English
- 繁體中文
- 简体中文
- ไทย
- Tiếng việt
- Español
- Português
- Deutsch
- 한국어
- English(Australia)
- 繁體中文（澳洲）
- 简体中文（澳洲）
- العربية
- English(UAE)
- Markets
- News
- Analysis
- Trading Tools
- Blog
- Education
- About us
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Articles
Popular Analysis
Gold Price Forecast: Gold Rises as Nonfarm Payrolls Unexpectedly Turn Negative; Can CPI and PPI Help Break $4,500?
1786351159
Hormuz tensions escalate as unconfirmed missile attack amid fragile US-Iran talks
1786325991
Gold Price Forecast: Can Gold Still Rise Above $4,300 Ahead of July Non-Farm Payrolls?
1786096415
Popular Analysis
NFP or Iran: Which factor will break the US Dollar Index out of its consolidation?
1786096127
Fed Decision Eve: 104 Economists Expect No Change; Why Is Citadel Securities Betting on a Surprise Hike?
1785234166
Middle East War updates: US-Iran pause strikes as Trump weighs up diplomatic options
1785115951
Popular Analysis
Popular Analysis
Gold Price Forecast: Gold Rises as Nonfarm Payrolls Unexpectedly Turn Negative; Can CPI and PPI Help Break $4,500?
1786351159
Hormuz tensions escalate as unconfirmed missile attack amid fragile US-Iran talks
1786325991
Gold Price Forecast: Can Gold Still Rise Above $4,300 Ahead of July Non-Farm Payrolls?
1786096415
Popular Analysis
Today’s Market Recap: Dow and S&P 500 Hit Fresh Record Highs, Tech Stocks Lead Gains, Palantir Surges 29%, ARM Rises Over 17%
1785892531
Amazon Shares Soar 10% After Earnings; Why Investors Are So Excited
1785492824
Today’s Market Recap: Oil Breaks $100, Fueling Inflation Fears, as AI Capex Faces Scrutiny and Tesla’s 14% Plunge Drags Down Tech Sector
1784856329
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Top Blog Posts
Beginners
Long position VS. short position: Which one is better?
In the world of trading, understanding the concepts of long and short positions is crucial for making informed decisions. A long position involves buying an asset with the expectation that its value will rise, while a short position entails selling an asset you don't own, betting that its price will fall.
How to Choose an Online Trading Platform
Selecting a trading platform is one of the most critical decisions for any trader. But how do you ensure you're choosing one that's regulated, cost-effective, and easy to use? Understanding the key criteria can set you up for success.
What is Leverage in Financial Trading?
Leverage is a fundamental concept in financial trading,allowing traders to control larger positions with a smaller amount of capital. While it can amplify potential profits, leverage also significantly increases the risk of losses, making it a powerful but double-edged sword.
Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
2021
Best News & Analysis Provider
FxDailyInfo
2022
Best Forex Educational Resources Global
International Business Magazine
GBP/USD Intraday: Throwback or further upside?
GBP/USD (GBP/USD)
+0.00171+0.13%
The upside prevails as long as 1.3458 is support, with 1.3539 and 1.3558 as targets
Our pivot point is at 1.3458.
Our preference: The upside prevails as long as 1.3458 is support, with 1.3539 and 1.3558 as targets
Alternative scenario: below 1.3458, expect 1.3425 and 1.3406.
Comment: As prices near our first target, a throwback could occur, though a clean break above could fuel further gains.
Supports and resistances:
1.3578 *
1.3558 **
1.3539
1.3522 last
1.3458 **
1.3425 *
1.3406 **
Our preference: The upside prevails as long as 1.3458 is support, with 1.3539 and 1.3558 as targets
Alternative scenario: below 1.3458, expect 1.3425 and 1.3406.
Comment: As prices near our first target, a throwback could occur, though a clean break above could fuel further gains.
Supports and resistances:
1.3578 *
1.3558 **
1.3539
1.3522 last
1.3458 **
1.3425 *
1.3406 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
