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FX.co ★ Indicator analysis. The daily review of the currency pair GBP / USD for June 18, 2018

Indicator analysis. The daily review of the currency pair GBP / USD for June 18, 2018

Trend analysis (Figure 1).

Touching the support line for the fourth time gives a high probability of moving up with the first target of 1.3374, a pullback level of 14.6% (yellow dotted line).

Indicator analysis. The daily review of the currency pair GBP / USD for June 18, 2018

Fig. 1 (daily chart).

Complex analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - upwards;

- Candle analysis - neutral;

- Trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion:

On Monday, on the GBP / USD pair, it is possible that the upward movement with the first target of 1.3374 is a pullback level of 14.6% (yellow dotted line).

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