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Tuesday, March 5, 2019

Indicator analysis. Daily review for March 6, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Wednesday, the price will move down. The first lower target is 1.3188 - 21 middle EMA (black thin line).

gbpusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - up;

- weekly schedule - down.

General conclusion:

On Wednesday, the price will move down. The first lower target is 1.3188 - 21 middle EMA (black thin line).

The material has been provided by InstaForex Company - www.instaforex.com

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