FX.co ★ Indicator analysis. Daily review for the GBP/USD pair on October 29, 2018

Trend analysis (Fig. 1).

On Monday, the price will move down with the first goal at the support line of 1.2740 (red thick line).

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - neutral;

- volumes - down;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger lines - down;

- weekly chart - down.

General conclusion:

On Monday, the price will move down with the first goal at the support line of 1.2740 (red thick line). A strong news is expected to be released at 11.30 time.