Indicator analysis. Daily review for May 14, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Tuesday, technical analysis demonstrates an upward movement. The first upper target of 1.2997 is the pullback level of 24.6% (yellow dotted line).

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – up;

– Fibonacci levels – up;

– volumes – up;

– candlestick analysis – up;

– trend analysis – up;

– Bollinger lines – down;

– weekly schedule – down.

General conclusion:

On Tuesday, technical analysis demonstrates an upward movement. The first upper target of 1.2997 is the pullback level of 24.6% (yellow dotted line).

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