FX.co ★ Indicator analysis. Daily review for February 6, 2019 for the pair GBP / USD

Trend analysis (Fig. 1).

On Wednesday, the price will continue to move down. The first lower target 1.2920 is the recoiling level of 38.2.% (Blue dashed line).

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - down.

General conclusion:

On Wednesday, the price will continue to move down. The first lower target 1.2920 is the recoiling level of 38.2.% (Blue dashed line).