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GBP/USD Indicator analysis January 24, 2019
Trend analysis (Fig. 1).
On Thursday, the trend work upwards with the first top target 1.3100 – a rolling level of 76.4% (yellow dotted line). Then lower work is possible.
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – up;
– volumes – down;
– candlestick analysis – down;
– trend analysis – up;
– Bollinger lines – down;
– weekly schedule – up.
General conclusion:
On Thursday, the trend work upwards with the first top target 1.310 – a rolling level of 76.4% (yellow dotted line) then lower work is possible.
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Indicator analysis. Daily review for January 24, 2019 for the pair GBP / USD