Indicator analysis. Daily review for November 26, 2018 for the pair GBP / USD
November 27, 2018 10:21 am
Trend analysis (Fig. 1).
On Tuesday, the price will move down, with the first target 1.2760 – the support line (red bold line). Breaking through is also unlikely. Mostly, from this level there will be a rollback up.
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – neutral;
– volumes – down;
– candlestick analysis is neutral;
– trend analysis – down;
– Bollinger lines – down;
– weekly schedule – up.
General conclusion:
There is a downward move with the price , with the first target 1.2760 – the support line (red bold line). More so, breaking through is unlikely. And from this level, there will be a rollback up.
The material has been provided by InstaForex Company – www.instaforex.com
Trend analysis (Fig. 1).
On Tuesday, the price will move down, with the first target 1.2760 – the support line (red bold line). Breaking through is also unlikely. Mostly, from this level there will be a rollback up.
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – neutral;
– volumes – down;
– candlestick analysis is neutral;
– trend analysis – down;
– Bollinger lines – down;
– weekly schedule – up.
General conclusion:
There is a downward move with the price , with the first target 1.2760 – the support line (red bold line). More so, breaking through is unlikely. And from this level, there will be a rollback up.
The material has been provided by InstaForex Company – www.instaforex.com
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