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11.09.2019 08:13 AM
Indicator analysis. Daily review on September 11, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Wednesday, the price may continue to move up with the target at 1.2385 - the upper fractal. From the level of 1.2385, you can work down, but very carefully, with profit taking at the very first properties of the upper work.

This image is no longer relevant

Fig. 1 (daily chart).

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 Wednesday, the price may continue to move up.

From the level of 1.2385, you can work down with the first target of 1.2007 - the lower fractal.

Stefan Doll,
Analytical expert of InstaForex
© 2007-2024
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