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Indicator analysis. Daily review for the GBP / USD pair on October 17, 2018

Trend analysis (Fig. 1).

On Wednesday, the price will move down with the first target 1.3090 - the lower fractal.

Fig. 1 (daily schedule).

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Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - neutral;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Wednesday, the price will move down with the first target of 1.3090 on the lower fractal.

The material has been provided by InstaForex Company - www.instaforex.com