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Indicator analysis. Daily review of pair GBP / USD pair on November 7, 2018

Trend analysis (Fig. 1).

On Wednesday, the price will move up with the first goal of 1.3358 on the upper fractal, but before lunch, there is a high probability of downward rollback.

lFtKJ24lDgNmhlQN4aoqf5JjkkXFxZGG-X2bNL2L

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Wednesday, the price will move up with the first goal of 1.3358 on the upper fractal, but before lunch, there is a high probability of downward rollback.

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