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 October 2, 2020

GBP/USD

The pound traded in a wide range of 157 points on Thursday due to conflicting information about the Brexit deal. In the current situation, the pound is falling under the general pressure of the dollar until we receive a positive portion of news (if they turn out to be such) from the camp of negotiators. Technically, there is a reversal, when the growing correction from September 24 is completed. The Marlin oscillator moves down without going into the growth zone. The nearest target for a decline is 1.2725 (100.0% Fibonacci), followed by 1.2645, 1.2540.

analytics5f76a3ab8b1eb.jpg

The price is above the balance line and the MACD line on the four-hour chart, the growing short-term sentiment remains, but Marlin is already trying to penetrate the bears' territory, which will significantly facilitate the price's move to leave the area below the indicator lines. But before that, there are more than a hundred points.

analytics5f76a3ae87995.jpg

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