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Indicator analysis. Daily review for July 8, 2019 for the GBP/USD currency pair
Trend analysis (Fig. 1).
On Monday, the price will continue to move down, with the first target of 1.2481 – the lower fractal.
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – down;
– volumes – down;
– candlestick analysis – up;
– trend analysis – down;
– Bollinger lines – down;
– weekly schedule – down.
General conclusion:
On Monday, the price will continue to move down, with the first target of 1.2481 – the lower fractal.
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Indicator analysis. Daily review for July 8, 2019 for the GBP / USD currency pair