Trend analysis.
In the coming week, the price will move down with the first target – 1.2414 lower fractal.
Fig. 1 (weekly chart).
Complex analysis:
- Indicator analysis – down;
- Fibonacci levels – down;
- Volumes – up;
- Candle analysis – neutral;
- Trend analysis – down;
- Bollinger Bands – down;
- Monthly schedule – down.
The conclusion from the complex analysis is the downward movement.
The overall result of the calculation of the GBP/USD currency pair candle on the weekly chart: the price in the week is likely to have a downward trend with the absence of the first upper shadow of the weekly black candle (Monday – down) and the absence of the second lower shadow (Friday – down).