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Tuesday, March 12, 2019

Indicator analysis. Daily review on March 12, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Tuesday, the upward movement will continue. The first upper target 1.3283 is the pullback level of 76.4% (yellow dotted line), with an attempt to break through this level.

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, the upward movement will continue. The first upper target 1.3283 is the pullback level of 76.4% (yellow dotted line), with an attempt to break through this level.

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

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