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*

Daily analysis of GBP/USD for April 13, 2017

GBP/USD was favored by the US Dollar's weakness during yesterday's session after Trump's comments about the greenback is getting "too strong". Currently, the pair is heading toward the 1.2551 zone, where a breakout can expose the 1.2658 area, while a pullback should be taken as corrective and Cable can test the support zone of 1.2423.

GBPUSDH1.png

H1 chart's resistance levels: 1.2551 / 1.2658

H1 chart's support levels: 1.2423 / 1.2333

Trading recommendations for today: Based on the H1 chart, buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.2551, take profit is at 1.2658 and stop loss is at 1.2443.

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