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GBP/USD Indicator analysis – December 20, 2018
Posted On 20 Dec 2018
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Trend analysis (Fig. 1).
On Thursday, an upward movement is possible with another attempt to break through 1.2673 – a rolling level of 23.6% (yellow dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – up;
– Fibonacci levels – up;
– volumes – up;
– candlestick analysis is neutral;
– trend analysis – up;
– Bollinger lines – down;
– weekly schedule – up.
General conclusion:
An upward movement is possible with another attempt to break through 1.2673 – a rolling level of 23.6% (yellow dotted line) on Thursday (December 20).
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Indicator analysis. Daily review for December 20, 2018 for the pair GBP / USD