Indicator analysis. Daily review for the GBP/USD pair on October 29, 2018

Trend analysis (Fig. 1).

On Monday, the price will move down with the first goal at the support line of 1.2740 (red thick line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - neutral;

- volumes - down;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger lines - down;

- weekly chart - down.

General conclusion:

On Monday, the price will move down with the first goal at the support line of 1.2740 (red thick line). A strong news is expected to be released at 11.30 time.

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