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FX.co ★ Indicator analysis. Daily review on November 19, 2019, for the GBP / USD currency pair.

Indicator analysis. Daily review on November 19, 2019, for the GBP / USD currency pair.

Trend analysis (Fig. 1).

On Tuesday, the price may continue to move up with the first target 1.3013 - the upper fractal (blue dashed line). If this level is broken, the continuation of the upward movement to the pullback level of 50.0% - 1.3166 (yellow dashed line).

 Indicator analysis. Daily review on November 19, 2019, for the GBP / USD currency pair.

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

On Tuesday, the price may continue to move up with the first target 1.3013 - the upper fractal (blue dashed line). If this level is broken, the continuation of the upward movement to the pullback level of 50.0% - 1.3166 (yellow dashed line).

Unlikely scenario: from the upper fractal 1.2986 (blue dashed line), the downward movement with the first target 1.2859 is a retracement level of 14.6% (blue dashed line).

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