Previous Story
Indicator analysis. Daily review for February 20, 2019 for the pair GBP / USD
Trend analysis (Fig. 1).
On Wednesday, the price will move down. The first lower target of 1.3005 is the 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 – up;
– weekly schedule – up.
General conclusion:
On Wednesday, the price will move down. The first lower target of 1.3005 is the rolling level of 23.6% (blue dashed line).
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Indicator analysis. Daily review for February 20, 2019 for the pair GBP / USD
