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FX.co ★ Indicator analysis. Daily review on July 23, 2019 for the GBP / USD currency pair

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Forex Analysis:::2019-07-23T06:43:32

Indicator analysis. Daily review on July 23, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Tuesday, the price may continue to move down, with the first target of 1.2424 - the pullback level of 76.4% (blue dashed line).

Indicator analysis. Daily review on July 23, 2019 for the GBP / USD currency pair

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - down.

General conclusion:

On Tuesday, the price may continue to move down, with the first target of 1.2424 - the pullback level of 76.4% (blue dashed line).

Analyst InstaForex
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