Trend analysis (Fig. 1).

On Thursday, there is a work down from the first lower target 1.3042 – a rolling level of 23.6% (blue dashed line).

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – down;

– Fibonacci levels – down;

– volumes – down;

– candlestick analysis – down;

– trend analysis – up;

– Bollinger lines – down;

– weekly schedule – down.

General conclusion:

On Thursday, there is a work down from the first lower target 1.3042 – a rolling level of 23.6% (blue dashed line).

The material has been provided by InstaForex Company – www.instaforex.com

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.