Indicator analysis. Daily review on April 5, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Friday, technical analysis demonstrates an upward movement. The first upper target of 1.3131 is the pullback level of 38.2% (yellow dashed line). However, much will depend on the news.

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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 Friday, technical analysis demonstrates an upward movement. The first upper target of 1.3131 is the pullback level of 38.2% (yellow dashed line). However, much will depend on the news.

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

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