Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser


The British pound soared by170 points on Friday due to the main news about the EU's readiness to provide Britain with another postponement of Brexit. On the daily chart, the nearest target is 1.2543, as the intersection point of the Fibonacci level of 161.8% and the price channel line will be visually reached soon. We are waiting for a reversal or correction from this magnetic point in the main scenario. But if the optimistic Brexit plan is developed, then growth can continue after consolidation above the level. The next target in this scenario will be the Fibonacci level of 138.2% at the price of 1.2668.

Exchange Rates 16.09.2019 analysis

On a four-hour chart, the current price is above the lines of balance and MACD, the Marlin oscillator shows the first signs of divergence, but even if it forms, the price can complete the upper target of 1.2543. For the price to turn down or a deep correction (in the range 1.2160-1.2230), the price needs to gain a foothold below the signal level of 1.2381 (July 17 low).

Exchange Rates 16.09.2019 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Laurie Bailey,
Analytical expert
InstaForex Group © 2007-2019
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.