Indicator analysis. Daily review on September 30, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Monday, the price will move up with the first target of 1.2317 - a pullback level of 14.6% (red dashed line). The price, in case of breaking through, can continue to move up with the target of 1.2345 - a pullback level of 23.6% (red dashed line).


Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger Lines - down;

- weekly schedule - up.

General conclusion:

On Monday, the price will start moving up.

An unlikely scenario is a downward movement, with the first target of 1.2198 - a pullback level of 61.8% (blue dashed line).

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