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FX.co ★ Indicator analysis. Daily review of July 11, 2019 for the GBP / USD currency pair

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Forex Analysis:::2019-07-11T08:11:55

Indicator analysis. Daily review of July 11, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Thursday, the price will continue to move upward with the first target of 1.2571 - the pullback level of 38.2% (blue dotted line).

 Indicator analysis. Daily review of July 11, 2019 for the GBP / USD currency pair

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - down.

General conclusion:

On Thursday, the price will continue to move upward with the first target of 1.2571 - the pullback level of 38.2% (blue dotted line).

Analyst InstaForex
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