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FX.co ★ Indicator analysis. The daily review for May 14, 2018 on the GBP/USD pair.

Indicator analysis. The daily review for May 14, 2018 on the GBP/USD pair.

Trend analysis (Figure 1).

On Friday, the price continued to move in the side channel. On Monday, an upward movement is possible. Complex analysis will more accurately tell where the price will go.

Indicator analysis. The daily review for May 14, 2018 on the GBP/USD pair.

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - upwards;

- Candle analysis - neutral;

- Trend analysis - down;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion:

On Monday, perhaps, the upward movement with the first target of 1.3616 - the upper fractal.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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