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


Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 ©

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.



Expert In



GBP/USD Larger Drop?


GBP/USD dropped after failing to reach and retest the downtrend line. It's traded at 1.3842 level and it could still approach 1.3798 former low.

Dropping and stabilizing under the previous low could signal a larger drop while staying above this level and passing above the downtrend line could signal an upside movement.

Trading Conclusion!

Making a new lower low, dropping, and staying below 1.3798 could bring a new selling opportunity with a potential downside target at the 1.3700 level.

The material has been provided by InstaForex Company -