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*

GBP/USD testing major resistance, prepare to sell

The price has started to react strongly off major resistance at 1.3319 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and we expect to see a strong drop below this level to push the price down to at least 1.3161 support (Fibonacci retracement, Fibonacci extension).

Stochastic (89,3,1) is seeing strong resistance below 99% and is turning down nicely signaling that a reversal is in action.

Sell below 1.3319. Stop loss is at 1.3427. Take profit is at 1.3161.

analytics59fa76d97ae6c.png

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