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 December 4, 2019

GBP/USD

The British pound reached the top target of 0.0% on the Fibonacci chart on the daily chart. At the same time, the Marlin oscillator moved into the growth zone and the target of 1.3145, the resistance of the price channel line, was open. Only one bearish factor remains - if the price nevertheless hypothetically forms the fourth peak, then the price will fall today. The aim of the decrease will be the correction level of 23.6%, to which the MACD line (blue indicator has already approached.

analytics5de74bc182f73.png

On a four-hour chart, the price is waiting for new impulses at the Fibonacci level of 110.0%. An impulse down (a decline with consolidation at 100.0%) will send the price to the first bearish target of 1.2926 (Fibonacci level 76.4%). An impulsive rise will make it possible for the price to consolidate above 1.3012 with a view to further growth to 1.3145.

analytics5de74bd67cfda.png

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