empty
 
 
20.04.2018 08:48 AM
Indicator analysis. Daily review of the currency pair GBP / USD for April 20, 2018

Trend analysis (Figure 1).

On Thursday, the price worked down and the news helped it a lot. The market on Friday, with a high probability, can continue to move down. The complex analysis will more accurately tell where the price will go.

This image is no longer relevant

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- Volumes - down;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - down;

- Weekly schedule - down.

General conclusion:

On Friday, on the pair GBP / USD, the movement down with the first target 1.3945 is the bottom fractal.

Stefan Doll,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Sergey Belyaev
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback