Trend analysis (Fig. 1).
This week, the price will move up with the first goal of 1.2881, 13 average EMA (yellow thin line).
Fig. 2 (weekly schedule).
Comprehensive analysis:
- Indicator analysis - up;
- Fibonacci levels - down;
- Volumes - down;
- Candlestick analysis - up;
- Trend analysis - up;
- Bollinger lines - down;
- Monthly schedule - up.
Conclusion of the complex analysis - upward movement.
The total result of the calculation of the candle of the GBP / USD currency pair on a weekly schedule: the price of the week is likely to have an upward trend with the absence of the first lower shadow of the weekly white candle (Monday - work up) and the absence of the second upper shadow (Friday - work up).
The first upper target is 1.2881–13 average EMA (yellow thin line).
