FX.co ★ Technical analysis for the GBP/USD currency pair for the week from June 10 to 15, 2019

Trend analysis.

In the coming week, the price will move up with the first target - 1.2872, pullback level of 38.2% (yellow dotted line).

Fig. 1 (weekly chart).

Complex analysis:

- Indicator analysis – up;

- Fibonacci levels – up;

- Volumes – up;

- Candle analysis – up;

- Trend analysis – up;

- Bollinger Bands – up;

- Monthly chart – up.

The conclusion from the complex analysis – upward 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 an upward trend with the presence of the first lower shadow of the weekly white candle (Monday – down) and the presence of the second upper shadow (Friday – down).