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 pair GBP / USD pair on November 7, 2018

November 7, 2018 Analytics

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Trend analysis (Fig. 1).

On Wednesday, the price will move up with the first goal of 1.3358 on the upper fractal, but before lunch, there is a high probability of downward rollback.

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Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – up;

– Fibonacci levels – up;

– volumes – up;

– candlestick analysis – down;

– trend analysis – up;

– Bollinger lines – up;

– weekly schedule – up.

General conclusion:

On Wednesday, the price will move up with the first goal of 1.3358 on the upper fractal, but before lunch, there is a high probability of downward rollback.

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

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