Indicator analysis. Daily review on February 12, 2019 for the pair GBP / USD

On Monday, the market moved down, reaching the lower fractal of 1.2854, but closing over this level. On Tuesday, the price will attempt to get and test the rolling 50.0% level - 1.2828 (blue dotted line). Strong calendar news today comes out at 16.00, 18.00 and 20.45 Moscow time.

Trend analysis (Fig. 1).

On Tuesday, the price will move down. The first lower target 1.2828 is a rolling 50.0% level (blue dashed line), then a possible rollback.

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis is neutral;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Tuesday, the price will move down. The first lower target 1.2828 is the 50.0% sliding level (blue dashed line).

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