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/JPY for November 11, 2016

GBPJPYH4.png

Overview

The GBP/JPY price ended its trading yesterday by breaching the resistance at 133.25, which confirms the continuation of the bullish correctional bias that would settle at 134. We expect the 133.25 level to hold as a new support level, so that the bullish rally would resume to 136.30 and then to the main resistance at 141.20. Stochastic rally to the overbought levels confirms our bullish suggestion, thus still providing the required positive momentum for the price movement to the suggested targets. The expected trading range for today is between 133.25 and 136.30.

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