Indicator analysis. Daily review for July 8, 2019 for the GBP/USD currency pair

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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

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