Indicator analysis. Daily review for December 17, 2018 for the pair GBP / USD

On Monday, an upward movement is possible with the first target of 1.2673 - the rolling level of 23.6% (yellow dashed line).

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis is neutral;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Monday, an upward movement is possible with the first target of 1.2673 - the rolling level of 23.6% (yellow dashed line).

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