FX.co ★ Indicator analysis. Daily review on September 24, 2019 for the GBP / USD currency pair.

Trend analysis (Fig. 1).

On Tuesday, the price may continue to move down to a pullback level of 38.2% - 1.2344 (blue dotted line). In case of breaking through this level, the continuation of the downward movement to the pullback level of 50.0% - 1.2270 (blue dashed line) is possible.

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger Lines - down;

- weekly schedule - up.

General conclusion:

On Tuesday, the price may continue to move down.

The upward movement with the target of 1.2503, the pullback level of 38.2% (red dashed line) may begin after the news is released at 14.00 Universal time.