Indicator analysis: Daily review on December 17, 2019, on GBP / USD currency pair

Trend analysis (Fig. 1).

On Tuesday, the price may continue to move down with the first target 1.3147 which is the retreating level of 23.6% presented in a red dotted line. If successful, the next lower target is 1.3050 which is the lower fractal.

Fig. 1 (daily chart).

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 will continue to move down.

Another scenario is unlikely but possible. That is, to the level of 1.3147 which is a retracement level of 23.6% presented in a red dashed line, work down, to achieve this level, work up with the first goal 1.3350 the historical resistance level presented in a blue dashed line.