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FX.co ★ Indicator analysis. Daily review for December 11, 2018 for the GBP/USD pair

Indicator analysis. Daily review for December 11, 2018 for the GBP/USD pair

Trend analysis (Fig. 1).

On Tuesday, the downward movement to 1.2462 is the support line (red bold line).

Indicator analysis. Daily review for December 11, 2018 for the GBP/USD pair

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - neutral;

- volumes - down;

- candlestick analysis is neutral;

- trend analysis - down;

- Bollinger lines - up;

- weekly schedule - down.

General conclusion:

On Tuesday, the downward movement to 1.2462 is the support line (red bold line).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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