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GBP/USD – Daily review for March 6, 2019
Trend analysis (Fig. 1).
On Wednesday, the price will move down. The first lower target is 1.3188 – 21 middle EMA (black thin line).
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – down;
– volumes – up;
– candlestick analysis – up;
– trend analysis – down;
– Bollinger lines – up;
– weekly schedule – down.
General conclusion:
On Wednesday, the price will move down. The first lower target is 1.3188 – 21 middle EMA (black thin line).
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Indicator analysis. Daily review for March 6, 2019 for the pair GBP / USD