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FX.co ★ Indicator analysis. Daily review for February 1, 2019 for the pair GBP / USD

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Forex Analysis:::2019-02-01T08:18:22

Indicator analysis. Daily review for February 1, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Friday, the price before the news (16.30 Moscow time) will move down in the side channel. The first lower target 1.3042 is the rolling level of 23.6% (blue dashed line).

 Indicator analysis. Daily review for February 1, 2019 for the pair GBP / USD

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - down.

General conclusion:

On Friday, the price before the news (16.30 Moscow time) will move down in the side channel. The first lower target 1.3042 is the rolling level of 23.6% (blue dashed line).

Analyst InstaForex
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