MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Daily analysis of GBP/USD for November 19, 2015

There is no major changes in the GBP/USD intraday chart after the FOMC minutes, which were released during Wednesday's session. The pair keeps moving inside a a range between the levels of 1.5296 and 1.5205, where the 200 SMA is located on the H1 chart. When the cable does a breakout below the level of 1.5205, then it could fall towards the zone of 1.5142. The MACD indicator keeps showing positive signs.

GBPUSDH1.png

H1 chart's resistance levels: 1.5296 / 1.5365

H1 chart's support levels: 1.5205 / 1.5142

Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the GBP/USD pair breaks a bearish candlestick; the support level is found at 1.5205, take profit is at 1.5142, and stop loss is at 1.5270.

The material has been provided by InstaForex Company - www.instaforex.com