FX.co ★ Indicator analysis. Daily review on August 27, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Tuesday, the price may continue to move down, with the target of 1.2188 - a pullback level of 38.2% (blue dashed line).

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger Lines - up;

- weekly schedule - down.

General conclusion:

On Tuesday, the price may continue to move down.

An unlikely scenario is an upward movement to the resistance line 1.2280 (red bold line).