GBP/USD Indicator analysis – December 20, 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

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