Indicator analysis. Daily review for December 4, 2018 for the pair GBP / USD

The price on Monday moved up once again , tested the 13th average EMA - 1.2812 (yellow thin line) and then went down. At the same time, it almost closed at the support line 1.2738 (red bold line). Today, strong calendar news comes out at 12.15 and 12.30 Moscow time.

Trend analysis (Fig. 1).

On Tuesday, the upward movement with the first goal 13 is the average EMA - 1.2804 (yellow thin line).

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - top;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

The upward movement with the first goal 13 is an average EMA - 1.2804 (yellow thin line) on Tuesday.

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