FX.co ★ Indicator analysis. Daily review on October 29, 2019, on the GBP / USD currency pair.

Trend analysis (Fig. 1).

On Tuesday, the price may begin to move down with the first target at 1.2764 - a pullback level of 23.6% (blue dashed line). In case of breaking through this level, the continuation of the downward movement to the 21st average EMA is 1.2701 (black thin line).

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 - down.

General conclusion:

On Tuesday, the price may roll back down.

The first lower target 1.2764 is a retracement level of 23.6% (blue dashed line).

The second lower target is 1.2701 - 21 average EMA (black thin line).

An unlikely scenario is an upward trend with the target at 1.2950 (upper fractal).