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FX.co ★ Indicator analysis. Daily review of the currency pair GBP / USD for April 20, 2018

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Forex Analysis:::2018-04-20T06:48:02

Indicator analysis. Daily review of the currency pair GBP / USD for April 20, 2018

Trend analysis (Figure 1).

On Thursday, the price worked down and the news helped it a lot. The market on Friday, with a high probability, can continue to move down. The complex analysis will more accurately tell where the price will go.

Indicator analysis. Daily review of the currency pair GBP / USD for April 20, 2018

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- Volumes - down;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - down;

- Weekly schedule - down.

General conclusion:

On Friday, on the pair GBP / USD, the movement down with the first target 1.3945 is the bottom fractal.

Analyst InstaForex
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