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FX.co ★ Indicator analysis. Daily review on February 18, 2019 for the pair GBP / USD

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Forex Analysis:::2019-02-18T08:11:21

Indicator analysis. Daily review on February 18, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Monday, the price will continue to move up. The first upper target of 1.2943 is the recoil level of 38.2% (yellow dotted line).

 Indicator analysis. Daily review on February 18, 2019 for the pair GBP / USD

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

: The price will continue to move up on Monday. The first upper target of 1.2943 is the recoil level of 38.2% (yellow dotted line).

Analyst InstaForex
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