Indicator analysis. Daily review of July 10, 2019 for the GBP/USD currency pair

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Trend analysis (Fig. 1).

On Wednesday, the price will continue to move down, with the first target 1.2379 – the support line (red bold line).

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 Wednesday, the price will continue to move down, with the first target 1.2379 – the support line (red bold line).

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

Source:: Indicator analysis. Daily review of July 10, 2019 for the GBP / USD currency pair

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