Indicator analysis. The daily review of the currency pair GBP / USD for October 8, 2018

Trend analysis (Fig. 1).

On Monday, the price will move up with the first target of 1.3251, resistance line (white thin line).

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion:

On Monday, the price will continue to move up with the first target of 1.3251, the resistance line of the ascending channel (white thin line).

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