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


Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 ©

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.



Expert In



Forecast for GBP/USD on January 4, 2021


For the last 3-4 days, the pound has been rising under the risk of a reversal at any moment in time. A double divergence has already formed on the daily chart, and the price is currently in the free roaming range of 1.3624-1.3765. According to our main scenario, we are waiting for a price reversal to a medium-term decline in this range, that is, settling under the MACD line in the 1.3335 area.


The growth option growth seems to be more difficult: surpassing 1.3765 pushes the price into a huge range of uncertainty of about five patterns, formed in January-April 2018.


There are no more or less significant signs of a reversal on the 4-hour timescale. A Marlin divergence is expected, but is not yet ready. We look forward to clarifying the situation in the coming days. Falling under the MACD line, below 1.3540, will become a sign and a condition for moving towards 1.3335.

The material has been provided by InstaForex Company -