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Thursday, 23 December 2021
IFTTT: Indicator analysis. GBP/USD daily review on December 23, 2021 Trend analysis (Fig. 1) GBP / USD will try to move up this Thursday, from 1.3347 (closing of yesterday's daily candle) to 1.3376, the upper border of the Bollinger line (black dotted line). Then, it will return to 1.3352, which is the 21 EMA (black thin line). Fig. 1 (daily chart) Comprehensive analysis: Indicator analysis - downtrend Fibonacci levels - downtrend Volumes - downtrend Candlestick analysis - downtrend Trend analysis - uptrend Bollinger bands - downtrend Weekly chart - uptrend Conclusion: GBP/USD will rise from 1.3347 (closing of yesterday's daily candle) to the upper border of the Bollinger line at 1.3376 (black dotted line), then go back to 1.3352, which is the 21 EMA (black thin line). Alternatively, the pair could go to the 38.2% retracement level at 1.3422 (yellow dashed line) after moving from 1.3347 (closing of yesterday's daily candle) to the upper border of the Bollinger line at 1.3376 (black dotted l…
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