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FX.co ★ Indicator analysis. Daily review on September 26, 2019 for the GBP / USD currency pair

Indicator analysis. Daily review on September 26, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Thursday, the price may continue to move down with the target at 1.2272 - a pullback level of 50.0% (blue dashed line).

Indicator analysis. Daily review on September 26, 2019 for the GBP / USD currency pair

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger Lines - up;

- weekly schedule - down.

General conclusion:

On Thursday, the price may continue to move down.

An unlikely scenario is an upward movement, with a target of 1.2503 - an 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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