Trend analysis (Fig. 1).
This week, the price will move up with the first target of 1.2877 - 21 average EMA (black thin line).
Fig. 2 (weekly schedule).
Comprehensive analysis:
- Indicator analysis - up;
- Fibonacci levels - up;
- Volumes - up;
- Candlestick analysis - down;
- Trend analysis - up;
- Bollinger lines - up;
- Monthly schedule - up.
The conclusion of the complex analysis - upward movement.
The total sum of the calculation of the candle of the GBP / USD currency pair on a weekly schedule: the price for the week is more likely to have an upward trend with the absence of the first lower shadow of the weekly white candle (Monday is up) and the absence of the second upper shadow (Friday is up).
This week, the price will move up with the first target of 1.2877 - 21 average EMA (black thin line).
