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FX.co ★ Indicator analysis. Daily review of the GBP / USD pair on November 9, 2018

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Forex Analysis:::2018-11-09T11:27:59

Indicator analysis. Daily review of the GBP / USD pair on November 9, 2018

Trend analysis (Fig. 1).

On Friday, the price will move downwards before the news with the first goal of 1.2992 and the rolling level of 38.2% (blue dashed line). The preliminary news shows an upward trend has a tendency to go up.

Indicator analysis. Daily review of the GBP / USD pair on November 9, 2018

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Friday, the price will move downwards before the news with the first goal of 1.2992 and the rolling level of 38.2% (blue dashed line). The preliminary news shows an upward trend has a tendency to go up.

Analyst InstaForex
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