Indicator analysis. Daily review for February 28, 2019 for the pair GBP / USD

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Trend analysis (Fig. 1).

On Thursday, the price will move up after lunch. The first upper target 1.3409 is the 50.0% sliding level (yellow dotted line).

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – up;

– Fibonacci levels – up;

– volumes – up;

– candlestick analysis – down;

– trend analysis – up;

– Bollinger lines – up;

– weekly schedule – up.

General conclusion:

On Thursday, the price will move up after lunch. The first upper target 1.3409 is the 50.0% sliding level (yellow dotted line).

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Indicator analysis. Daily review for February 28, 2019 for the pair GBP / USD

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