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FX.co ★ Indicator analysis. Daily review on April 29, 2019 for the pair GBP / USD

Indicator analysis. Daily review on April 29, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Monday, technical analysis gives a continuation of the upward movement. The first upper target of 1.2988 is the pullback level of 24.6% (yellow dotted line).

Indicator analysis. Daily review on April 29, 2019 for the pair GBP / USD

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - up;

- weekly schedule - down.

General conclusion:

On Monday, technical analysis gives a continuation of the upward movement. The first upper target of 1.2988 is the pullback level of 24.6% (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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