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Indicator analysis. Daily review on July 15, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Monday, the price will continue to move upwards, with the first target at 1.2612 - the pullback level of 50.0% (blue dashed line). Upon reaching this level, there will be a possible continuation to the top with the next target, the pullback level of 618% - 1.2652.

analytics5d2c1f7e9632f.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Monday, the price will continue to move upwards, with the first target at 1.2612 - the pullback level of 50.0% (blue dashed line). Upon reaching this level, there will be a possible continuation to the top with the next target, the pullback level of 618% - 1.2652.

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