Indicator analysis. Daily review on January 11, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Friday, work upwards with the first top target of 1.2790 – the rolling level of 38.2% (yellow dotted line).

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – up;

– Fibonacci levels – up;

– volumes – up;

– candlestick analysis is neutral;

– trend analysis – up;

– Bollinger lines – up;

– weekly schedule – up.

General conclusion:

There is a work upwards with the first top target of 1.2790 – the rolling level of 38.2% (yellow dotted line) on Friday.

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