Indicator analysis GBP/USD – January 2, 2019

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Trend analysis (Fig. 1).

On Wednesday, downward work is possible with the first lower target of 1.2700 – the historical level of support (blue dotted line).

Comprehensive analysis:

– indicator analysis – down;

– Fibonacci levels – down;

– volumes – down;

– candlestick analysis – down;

– trend analysis – down;

– Bollinger lines – down;

– weekly schedule – up.

General conclusion:

On Wednesday, downward work is possible with the first lower target of 1.2700 – the historical level of support (blue dotted line).

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

Source:: Indicator analysis. Daily review on January 2, 2019 for the pair GBP / USD.

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