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Indicator analysis. Daily review for June 4, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 2).

On Tuesday, we are waiting for the continuation of the upward movement with the first target of 1.2705 - a pullback level of 23.6% (yellow dotted line).

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Fig. 2 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, we are waiting for the continuation of the upward movement with the first target of 1.2705 - a pullback level of 23.6% (yellow dotted line).

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