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Indicator analysis. Daily review for the currency pair GBP / USD for October 31, 2018

Trend analysis (Fig. 1).

On Wednesday, the price will move up with the first goal of 1.2732, the resistance line (red thin line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- Volumes - up;

- Candlestick analysis is neutral;

- Trend analysis - up;

- Bollinger lines - down;

- Weekly schedule - up.

General conclusion:

On Wednesday, the price will move up, with the first goal of 1.2732, the resistance line (red thin line). At 13.15 London time, strong news comes out.

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