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FX.co ★ Indicator analysis. Daily review of the currency pair GBP / USD for April 16, 2018

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Forex Analysis:::2018-04-16T21:54:05

Indicator analysis. Daily review of the currency pair GBP / USD for April 16, 2018

Trend analysis (Figure 1).

On Friday, the price on the news continued to work out the top. On Monday, the market is likely to continue to move up. The complex analysis will more accurately tell where the price will go.

Indicator analysis. Daily review of the currency pair GBP / USD for April 16, 2018

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - down;

- Candle analysis - down;

- Trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion:

On Monday, on the GBP / USD pair, the upward movement with the first target 1.4295 is the upper fractal.

Analyst InstaForex
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