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Indicator analysis. Daily review on February 18, 2019 for the pair GBP / USD
February 18, 2019 9:22 amVideo
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Trend analysis (Fig. 1).
On Monday, the price will continue to move up. The first upper target of 1.2943 is the recoil level of 38.2% (yellow dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – up;
– Fibonacci levels – up;
– volumes – down;
– candlestick analysis – up;
– trend analysis – down;
– Bollinger lines – down;
– weekly schedule – up.
General conclusion:
: The price will continue to move up on Monday. The first upper target of 1.2943 is the recoil level of 38.2% (yellow dotted line).
The material has been provided by InstaForex Company – www.instaforex.com
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