Indicator analysis. Daily review on January 17, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Thursday, the work down with the first lower target 1.2823 is a rolling level of 23.6% (yellow dashed 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 - up;

- weekly schedule - up.

General conclusion:

On Thursday, the work down with the first lower target 1.2823 is a rolling level of 23.6% (yellow dashed line).

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