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GBPUSD – Daily review on January 31, 2019
Trend analysis (Fig. 1).
On Thursday, there is a work down from the first lower target 1.3042 – a rolling level of 23.6% (blue dashed 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 Thursday, there is a work down from the first lower target 1.3042 – a rolling level of 23.6% (blue dashed line).
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Indicator analysis. Daily review on January 31, 2019 for the pair GBP / USD
