Weekly review for the GBP/USD pair from April 15 to April 20, 2019

Trend analysis (Fig. 1).

In the coming week, the price will move up with the first target 1.3176 – a pullback level of 38.2% (blue dotted line).

Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - up;

- Volumes - down;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - down;

- Monthly schedule - up.

The conclusion of a comprehensive analysis - a downward movement.

The overall result of the calculation of the GBP/USD currency pair candle on the weekly chart: the price of the week is likely to have an upward trend with the presence of the first lower shadow of the weekly white candle (Monday – down) and the presence of the second upper shadow (Friday – down).

In the coming week, the price will move up with the first target 1.3176 – a pullback level of 38.2% (blue dotted line).

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