Indicator analysis. Daily review for June 6, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 2).

On Thursday, we are waiting for a downward movement with the first target of 1.2651 - a sliding level of 50.0% (blue dashed line). Much will depend on the news that will come out at 11:30 UTC+00.

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Fig. 2 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Thursday, we are waiting for a downward movement with the first target of 1.2651 - a sliding level of 50.0% (blue dashed line). Much will depend on the news that will come out at 11:30 (UTC+00).

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