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14.12.2018 01:20 PM
Indicator analysis. The daily review of the currency pair GBP / USD for December 14, 2018.

Trend analysis (Fig. 1).

On Friday, the uptrend with the first target of 1.2700 is the historical resistance level (blue dotted line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion:

On Friday, the uptrend with the first target of 1.2700 is the historical resistance level (blue dotted line). From 1.2601, you can work up.

Stefan Doll,
Analytical expert of InstaForex
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