Trend analysis (Fig. 1).
This week, the price will move down with the first target of 1.2668, the lower fractal.
Fig. 2 (weekly schedule).
Comprehensive analysis:
- Indicator analysis - up;
- Fibonacci levels - neutral;
- Volumes - down;
- Candlestick analysis - down;
- Trend analysis - down;
- Bollinger lines - down;
- Monthly schedule - up.
The conclusion on a comprehensive analysis - a downward movement.
The total sum of the calculation of the GBP / USD currency pair candle on the weekly schedule: the price of the week is likely to have a downward trend with the absence of the first upper shadow from the weekly black candle (Monday - down) and the second lower shadow (Friday - up).
This week, the price will move down with the first target of 1.2668, the lower fractal.
