Indicator analysis. Daily review on September 16, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Monday, the price, after testing the pullback level of 38.2% - 1.2503 (yellow dashed line), may begin a pullback downward movement with the target 1.2426 - a pullback level of 14.6% (blue dashed line).

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Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger Lines - up;

- weekly schedule - up.

General conclusion:

On Monday, the price may begin to move down.

An unlikely scenario is an upward movement, with the target of 1.2671 - a pullback level of 50.0% (yellow dashed line).

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