Indicator analysis. Daily review for April 24, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Wednesday, technical analysis demonstrates a downward movement. The first lower target of 1.2910 is the pullback level of 50.0% (blue dotted line). When breaking through - go further down.

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - down.

General conclusion:

On Wednesday, technical analysis demonstrates a downward movement. The first lower target of 1.2910 is the pullback level of 50.0% (blue dotted line). When breaking through - go further down.

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

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