FX.co ★ Indicator analysis. Daily review on November 6, 2019, on the GBP / USD currency pair.

Trend analysis (Fig. 1).

On Wednesday, the price may move down to the lower fractal - 1.2789. From this level, it is possible to continue moving down to the retreating level of 23.6% - 1.2764 (blue dashed line).

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 Wednesday, the price may continue to move up.

The first upper target is the upper fractal - 1.2950, then in case of breakdown of this level, the movement up to the next upper fractal is 1.3013 (blue dashed line).

The upper scenario - moving up to the upper fractal - 1.2976. From this level, it is possible to continue moving up to the next upper fractal - 1.3013 (blue dashed line).