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FX.co ★ Indicator analysis. Daily review on September 2, 2019 for the GBP / USD currency pair

Indicator analysis. Daily review on September 2, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Monday, the price may begin to start a pullback upward movement, with the target of 1.2226 - the upper fractal.

Indicator analysis. Daily review on September 2, 2019 for the GBP / USD currency pair

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger Lines - down;

- weekly schedule - up.

General conclusion:

On Monday, the price may start a pullback upward movement.

An unlikely scenario is a downward movement with a target of 1.2127 - a pullback level of 61.8% (blue dashed 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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