Weekly review for the GBP / USD currency pair from November 26 to November 30, 2018

Trend analysis (Fig. 1).

This week, the price will move up with the first goal of 1.3023 - 21 average EMA (black thin line).


Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - neutral;

- Volumes - down;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - down;

- Monthly schedule - up.

The conclusion of the complex analysis - upward movement.

The total result of calculating the GBP / USD currency pair candlestick on a weekly schedule: the price of the week is likely to have an upward trend with the presence of the first lower shadow of the weekly white candle (Monday is work down) and the second upper shadow (Friday is work down).

The first upper target is 1.3023 - 21 middle EMA (black thin line).

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