FX.co ★ Indicator analysis. Daily review on September 20, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Friday, the price after breaking through the pullback level of 38.2% (1.2502 - the red dotted line) may continue to move up to the target of 1.2670 - the pullback level of 50% (red dashed line). The next level may occur pullbacks to bottom: 1.2560 (the upper fractal), 1.2649 (the upper boundary of the Bollinger bands).

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger Lines - up;

- weekly schedule - up.

General conclusion:

On Friday, the price will continue to move up.

An unlikely scenario is a downward movement, with the first target of 1.2438 - a lower fractal.