On Thursday, the upward movement will continue with the goal of 1.2897 – a rolling back level of 38.2% (yellow dotted line). The first intermediate upper target is 1.2873 – 21 medium EMA (black thin line).

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – up;

– Fibonacci levels – top;

– volumes – down;

– candlestick analysis – up;

– trend analysis – up;

– Bollinger lines – down;

– weekly schedule – up.

General conclusion:

On Thursday, the upward movement will continue with the goal of 1.2897 – a rolling back level of 38.2% (yellow dotted line). The first intermediate upper target is 1.2873 – 21 medium EMA (black thin line).

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

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