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Indicator analysis. Daily review on April 8, 2019 for the pair GBP / USD
April 8, 2019 1:26 pmVideo
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Trend analysis (Fig. 1).
On Monday, technical analysis demonstrates an upward movement. The first upper target of 1.3131 is the pullback level of 38.2% (yellow dashed line).
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – up;
– volumes – up;
– candlestick analysis – down;
– trend analysis – up;
– Bollinger lines – up;
– weekly schedule – up.
General conclusion:
On Monday, technical analysis demonstrates an upward movement. The first upper target of 1.3131 is the pullback level of 38.2% (yellow dashed line).
The material has been provided by InstaForex Company – www.instaforex.com
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