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21.01.201907:50 Forex Analysis & Reviews: Weekly review for the currency pair GBP / USD from January 21 to 26, 2018

Long-term review

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Trend analysis (Fig. 1).

This week, the price will move down with the first target of 1.2668, the lower fractal.

Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- Volumes - down;

- Candlestick analysis - down;

- Trend analysis - down;

- Bollinger lines - down;

- Monthly schedule - up.

The conclusion on a comprehensive analysis - a downward movement.

The total sum of the calculation of the GBP / USD currency pair candle on the weekly schedule: the price of the week is likely to have a downward trend with the absence of the first upper shadow from the weekly black candle (Monday - down) and the second lower shadow (Friday - up).

This week, the price will move down with the first target of 1.2668, the lower fractal.

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