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FX.co ★ Indicator analysis. Daily review for January 8, 2019 for the pair GBP / USD.

Indicator analysis. Daily review for January 8, 2019 for the pair GBP / USD.

Trend analysis (Fig. 1).

On Tuesday, it is possible to work upwards with the first upper target 1.2815 - the upper fractal. Upper work is possible only in case of overcoming the rollback level of 38.2% - 1.2790 (yellow dotted line).

 Indicator analysis. Daily review for January 8, 2019 for the pair GBP / USD.

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, it is possible to work upwards with the first upper target 1.2815 - the upper fractal. Upper work is possible only in case of overcoming the rollback level of 38.2% - 1.2790 (yellow dotted 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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