FX.co ★ Indicator analysis. Daily review on August 23, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Friday, the price may continue to roll back, with the target of 1.2202 – 21 middle line (black thin line).

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - neutral;

- trend analysis - up;

- Bollinger Lines - up;

- weekly schedule - down.

General conclusion:

On Friday, the price may move down.

An unlikely scenario is an upward movement with the target 1.2230 – resistance line (red bold line).