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FX.co ★ Indicator analysis. Daily review on August 15, 2019 for the GBP / USD currency pair

Indicator analysis. Daily review on August 15, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Thursday, the price may continue to move up once again, with the goal of breaking through the resistance line 1.2080 (red bold line).

Indicator analysis. Daily review on August 15, 2019 for the GBP / USD currency pair

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - neutral;

- trend analysis - up;

- Bollinger Lines - down;

- weekly schedule - down.

General conclusion:

On Thursday, the price may continue to move up once again, with the goal of breaking through the resistance line 1.2080 (red bold line).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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