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*

GBP/USD analysis for September 12, 2018

analytics5b98f3cfce5b4.png

Recently, the GBP/USD pair has been trading downwards. As I expected, the price tested the level of 1.2964. According to the M30 time – frame, I found the breakout of the support trendline in the background, which is a sign that sellers are in control. I also found a hidden bearish divergence on the MACD oscillator and rejection of the resistance trendline, which is another sign of weakness. My advice is to watch for selling opportunities. The downward target is set at the price of 1.2920.

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