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FX.co ★ Indicator analysis. Daily review on September 25, 2019 for the GBP / USD currency pair

Indicator analysis. Daily review on September 25, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Wednesday, the price may move down with the first target of 1.2436 - a pullback level of 23.6% (blue dashed line). Further downward movement may continue with the target of 1.2381 - 21 average EMA (black thin line).

Indicator analysis. Daily review on September 25, 2019 for the GBP / USD currency pair

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger Lines - down;

- weekly schedule - up.

General conclusion:

On Wednesday, the price, before the news 14.00 Universal time, may move down.

An unlikely scenario is an upper movement with the target at 1.2583 (upper fractal).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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