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Indicator analysis. Daily review for November 12, 2018 for the GBP/USD pair
November 12, 2018 8:21 amVideo
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Trend analysis (Fig. 1).
On Monday, the price will move downwards, with the first target – a pullback level of 50.0% – 1.2935 (blue thin line). Upon reaching this level, you can move up.
Rice. 1 (daily chart).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – down;
– volumes – down;
– candlestick analysis – down;
– trend analysis – down;
– Bollinger bands – down;
– weekly chart – down.
General conclusion:
On Monday, the price will move downwards, with the first target – a pullback level of 50.0% – 1.2935 (blue dotted line). Upon reaching this level, you can move up.
The material has been provided by InstaForex Company – www.instaforex.com
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