FX.co ★ Indicator analysis: Review of the GBP / USD pair for the US session on February 22, 2019

Trend analysis (Fig. 1).

In the American session, the price may continue to move down to the first lower target of 1.2941 with 50.0% correction level (blue dashed line).

Fig. 1 (twelve-hour chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

In the American session, the price may continue to move down to the first lower target of 1.2941 with 50.0% correction level (blue dashed line).