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Indicator analysis. Daily review on August 14, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Wednesday, the price may begin a roll back upward movement, with the first goal 1.2087 - the resistance line (red bold line).

analytics5d53a4d55ea94.png

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - neutral;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger Lines - down;

- weekly schedule - up.

General conclusion:

On Wednesday, the price may begin a roll back upward movement, with the first goal 1.2087 - the resistance line (red bold line).

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