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FX.co ★ Indicator analysis. Daily review for February 4, 2019 for the pair GBP / USD

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Forex Analysis:::2019-02-04T07:10:51

Indicator analysis. Daily review for February 4, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Monday, the price will continue to move down. The first lower target is a rollback level of 23.6% - 1.3034 (blue dashed line).

 Indicator analysis. Daily review for February 4, 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 Monday, the price will continue to move down. The first lower target is a rollback level of 23.6% - 1.3034 (blue dashed line).

Analyst InstaForex
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