MG Network

our website isOn Vacation

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 4, 2021

GBP/USD

The pound updated the price channel on the daily chart, as it could not get above the resistance of the MACD indicator line. Now the price is recovering after the collapse on September 28-29. The recovery will end when the price breaks the MACD line, around 1.3664. Consolidation above it opens the target along the embedded price channel line in the 1.3848 area. A decline may turn into a medium-term if the price moves below the lower border of the price channel, below 1.3432. The first downside target will be 1.3297, the September 2018 high.

analytics615a6bd292907.jpg

On a four-hour scale, the price reached the MACD indicator line. The Marlin Oscillator is in the zone of positive values, which indicates the predominant desire of the price to break above this resistance.

analytics615a6c3095afd.jpg

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