Online source for the latest forex and trading news. Stay informed with up-to-date market trends, expert analysis, and insightful articles to help you make smart trading decisions

Tuesday, March 26, 2019

Indicator analysis. Daily review March 26, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Tuesday, there is a high probability of continuing the upward movement. The first upper target 1.3031 is the pullback level of 76.4% - 1.3292 (yellow thin line).

o0m8FrnEB0Fp3_Rtz02HXpbWAcSmM65xHE8fH-s3

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, there is a high probability of continuing the upward movement. The first upper target 1.3031 is the pullback level of 76.4% - 1.3292 (yellow thin line).

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

No comments: