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FX.co ★ Indicator analysis. Daily review on September 10, 2019 for the GBP / USD currency pair

Indicator analysis. Daily review on September 10, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Tuesday, the price may begin to move up to the upper fractal - 1.2385. In case of breaking through this level, the continuation of the upward movement to the pullback level of 38.2% - 1.2504 (yellow dashed line) is possible.

Indicator analysis. Daily review on September 10, 2019 for the GBP / USD currency pair

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger Lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, the price may continue to move up.

An unlikely scenario is to work down from the level of 1.2385 (upper 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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