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Indicator analysis. Daily review for November 26, 2018 for the pair GBP / USD

Trend analysis (Fig. 1).

On Wednesday, the upper sliding goal 1.2761 remains - the resistance line (red bold line), but most likely, with the news release, the downward movement may continue.

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - neutral;

- volumes - down;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - down;

- weekly chart - down.

General conclusion:

On Wednesday, the upper sliding goal 1.2761 remains - the resistance line (the red bold line), but most likely, with the release of news, the downward movement may continue to the lower fractal 1.2725.

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