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FX.co ★ Indicator analysis. Daily review on August 22, 2019 for the GBP / USD currency pair

Indicator analysis. Daily review on August 22, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Thursday, the price may continue to move up, with the target of reaching 21 average EMA - 1.2193 (black thin line).

Indicator analysis. Daily review on August 22, 2019 for the GBP / USD currency pair

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- 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.

An unlikely scenario is a downward movement with the target 1.2064 - lower fractal.

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