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Monday, April 1, 2019

Indicator analysis. Daily review for April 1, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Monday, there is a high probability of an upward movement after the repulse from the line of support of the ascending channel. The first upper target of 1.3072 is the pullback level of 23.6% (yellow dotted line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Monday, there is a high probability of an upward movement after the repulse from the line of support of the ascending channel. The first upper target of 1.3072 is the pullback level of 23.6% (yellow dotted line).

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

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