Previous Story
GBP/USD Daily review for January 18, 2019
Trend analysis (Fig. 1).
On Friday, work down from the first lower target of 1.2925 is a rolling level of 14.6% (yellow dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – down;
– volumes – down;
– candlestick analysis – down;
– trend analysis – up;
– Bollinger lines – down;
– weekly schedule – down.
General conclusion:
On Friday, work down from the first lower target of 1.2925 is a rolling level of 14.6% (yellow dotted line).
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Indicator analysis. Daily review for January 18, 2019 for the pair GBP / USD