Indicator analysis. Daily review for February 15, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Friday, the price will move down. The first lower target of 1.2737 is the recoiling level of 61.8% (blue dotted line).

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

The price will move down on Friday. The recoiling level of 61.8% (blue dotted line) is the first lower target of 1.2737.

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