Indicator analysis. Daily review for January 18, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Friday, work down from the first lower target of 1.2925 is a rolling level of 14.6% (yellow dotted line).

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - down.

General conclusion:

On Friday, work down from the first lower target of 1.2925 is a rolling level of 14.6% (yellow dotted line).

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