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 April 14, 2017

The pair managed to retreat from 1.2573 following Trump's comments that deliver a strong selling wave to the US Dollar. A strong resistance can be seen around 1.2551 and eventually, GBP/USD may start to plummet towards the 200 SMA zone at H1 chart. Above that area, the pair could do a rebound in order to resume the bullish bias, targeting the 1.2658 level.

GBPUSDH1.png

H1 chart's resistance levels: 1.2551 / 1.2658

H1 chart's support levels: 1.2423 / 1.2333

Trading recommendations for today: Based on the H1 chart, buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.2551, take profit is at 1.2658 and stop loss is at 1.2443.

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