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*

Forecast for GBP/USD on October 28, 2020

GBP/USD

Yesterday, the pound sterling traded almost within Monday's framework, making an attempt to test 1.3082. The level has confirmed its stability, the price is slightly decreasing this morning. The Marlin oscillator is declining on the daily chart. The price is most likely to fall to the target level of 1.2860.

analytics5f98ed65587d3.jpg

Intending to test the 1.3082 level, the price made a false exit above the MACD line on the four-hour chart, however, it did not settle above the line, which nevertheless indicates the pound's weakness. The signal line of the Marlin oscillator reverses from the border of the growth area, this is a sign of its succeeding decline. The signal level for moving to 1.2960 is 1.3000, which the price overcomes as a condition for opening short positions.

analytics5f98ed684a57a.jpg

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