Indicator analysis. Daily review on August 13, 2019 for the GBP / USD currency pair

Trading 13 août 2019 Donner votre avis

Trend analysis (Fig. 1).

On Tuesday, the price, after the news, may continue to move up, with the first target of 1.2094 – resistance line (red bold line), with a possible continuation of the upward movement.

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Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - neutral;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger Lines - down;

- weekly schedule - up.

General conclusion:

On Tuesday, the price, after the news, may continue to move up, with the first target of 1.2094 – resistance line (red bold line), with a possible continuation of the upward movement.

The material has been provided by InstaForex Company - www.instaforex.com

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