Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

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Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

Indicator analysis. Daily review of GBP / USD pair for October 16, 2018

October 17, 2018 Analytics

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Trend analysis (Fig. 1).

On Tuesday, the price will move up with the first goal of 1.3258 on the upper fractal.

bjU_wzDrDgLwjEunx-rfZTPS9nSmp_6D-TH50W_1

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – up;

– Fibonacci levels – neutral;

– volumes – up;

– candlestick analysis – up;

– trend analysis – up;

– Bollinger lines – up;

– weekly schedule – up.

General conclusion:

On Tuesday, the price will move up with the first goal of 1.3258 on the upper fractal.

The material has been provided by InstaForex Company – www.instaforex.com

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