FX.co ★ Indicator analysis. Daily review for February 7, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Thursday, the price before the news will move up in the side channel. The first upper target of 1.2968 is the rolling level of 14.6.% (Yellow dotted line). Moreover, the news will be more of a negative nature.

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - down.

General conclusion:

On Thursday, the price before the news will move up in the side channel. The first upper target of 1.2968 is the rolling level of 14.6.% (Yellow dotted line).