FX.co ★ Weekly review for the pair GBP / USD from February 18 to 23, 2019

Trend analysis (Fig. 1).

This week, the price will move up with the first goal of 1.2993, the rolling level of 38.2% (blue dashed line).

Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - up;

- Volumes - up

- Candlestick analysis - up;

- Trend analysis - down;

- Bollinger lines - down;

- Monthly schedule - up.

The conclusion of the complex analysis - upward movement.

The total result of the calculation of the candle of the GBP / USD currency pair on a weekly schedule: the price of the week is likely to have an upward trend with the absence of the first lower shadow of the weekly white candle (Monday is up) and the presence of the second upper shadow (Friday is down).

This week, the price will move up with the first goal of 1.2993, the rolling level of 38.2% (blue dashed line).