FX.co ★ Indicator analysis. The daily review of the currency pair GBP / USD for May 22, 2018

Trend analysis (Figure 1).

On Monday, the price worked down. On Tuesday, the market can continue to move down, with the first goal of 1.3299, the bottom fractal (red dotted line). The complex analysis will more accurately tell where the price will go.

Fig. 2 (daily chart).

Complex analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- Volumes - down;

- Candle analysis - neutral;

- Trend analysis - down;

- Bollinger lines - up;

- Weekly schedule - down.

General conclusion:

On Tuesday, on the GBP / USD pair, the downward movement with the first target of 1.3299 is the bottom fractal (red dotted line).