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Indicator analysis. Daily review for January 16, 2019 for the pair GBP / USD
Trend analysis (Fig. 1).
On Wednesday, work upwards with the first upper target of 1.2931 – upper fractal.
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:
Work upwards with the first upper target 1.2931 – upper fractal on Wednesday.
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Indicator analysis. Daily review for January 16, 2019 for the pair GBP / USD
