FX.co ★ Indicator analysis: Daily review on December 10, 2019, on GBP / USD currency pair

Trend analysis (Fig. 1).

On Tuesday, the price may continue to move up with the first target 1.3166 which is a pullback level of 50.0% presented in a yellow dashed line. The next upper target 1.3300 is the resistance level presented in a black bold line.

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

On Tuesday, the price may continue to move up with the first target of 1.3166 which is a pullback level of 50.0% presented in a yellow dashed line. The next upper target which is 1.3300 is the resistance level presented in a black bold line.

The latter stated scenario is unlikely, so from the level of 1.3166, work down with the first target of 1.3123 which is a pullback level of 14.6% presented in a blue dashed line.