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

Trend analysis (Fig. 1).

On Monday, the price may continue to move down to a pullback level of 23.6% - 1.2435 (blue dotted line) and in case of breaking through, further down to 1.2364 - 21 average EMA (black thin line).

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger Lines - up;

- weekly schedule - up.

General conclusion:

On Monday, the price may continue to move down.

An unlikely scenario is an upward movement, with the target at 1.2583 - an upper fractal.