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 September 28, 2021

GBP/USD

The current situation for the British pound is most understandable today in comparison with other world currencies. The pound closed Monday with growth, this morning the growth continues, indicators predict its further upward direction.

analytics615282170566e.jpg

It remains for the price to rise above the MACD line on the daily chart (1.3717) in order to brace for growth to the embedded line of the price channel at 1.3888.

analytics615282232adee.jpg

Marlin is moving sideways on the four-hour chart, but in an upward trend. The resistance of the MACD line is at 1.3727, slightly higher than it is on the daily scale, so it is advisable to wait for the price to reach exactly H4, above 1.3727.

This growing scenario has a non-hidden stone - an emerging triangle on H4. In case of its completion and the price going down, a downward momentum may develop to the lower border of the price channel in the area of 1.3643 (daily). Moreover, this border can be overcome.

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