Main Quotes Calendar Forum
flag

FX.co ★ Indicator analysis. Daily review of July 12, 2019 for the GBP / USD currency pair

parent
Forex Analysis:::2019-07-12T07:10:54

Indicator analysis. Daily review of July 12, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Friday, the price will continue to move up with the first goal of 1.2572 - the upper fractal. Upon reaching this, the continuation of the upward movement with the following goal is possible - a pullback level of 50.0% 1.2612 (blue dotted line).

Indicator analysis. Daily review of July 12, 2019 for the GBP / USD currency pair

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Friday, the price will continue to move up with the first goal of 1.2572 - the upper fractal. Upon reaching this, the continuation of the upward movement with the following goal is possible - a pullback level of 50.0% 1.2612 (blue dotted line).

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...