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 March 10, 2016

On H1 chart, GBP/USD is currently being supported by the 1.4183 zone, as the bullish bias stays intact. The 200 SMA in this time frame is slightly neutral, as we're still considering the resistance level of 1.4267 as a possible level to be broken. If the Cable copes with it, then we can expect a rally until the 1.4333 level.

GBPUSDH1.png

H1 chart's resistance levels: 1.4267 / 1.4333

H1 chart's support levels: 1.4183 / 1.4069

Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.4267, take profit is at 1.4333, and stop loss is at 1.4202.

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