Indicator analysis. Daily review on September 11, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Wednesday, the price may continue to move up with the target at 1.2385 – the upper fractal. From the level of 1.2385, you can work down, but very carefully, with profit taking at the very first properties of the upper work.

Fig. 1 (daily chart).

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 Wednesday, the price may continue to move up.

From the level of 1.2385, you can work down with the first target of 1.2007 – the lower fractal.

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

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MOKAR

Author: MOKAR

Mula berdagang dalam pasaran forex sejak tahun 2003. Manakala pasaran bursa saham tempatan dan global pada tahun 2018. Menjadikan trading online sebagai kerjaya sepenuh masa pada tahun 2019. Kerjaya sebelum ini adalah seorang salesman kereta. Berpengalaman dengan pelbagai teknik dan perguruan tetapi akhirnya sangat serasi dengan teknik FMCBR @ Fibo Musang melalui guruku Cikgu Baha & Cikgu Zul.

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