17.07.201908:09 Indicator analysis. Daily review on July 17, 2019 for the GBP / USD currency pair.

Long-term review

Trend analysis (Fig. 1).

On Wednesday, the price may start moving upwards, with the first target of 1.2454 - the pullback level of 14.6% (blue dashed line).

Exchange Rates 17.07.2019 analysis

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - down.

General conclusion:

On Wednesday, the price may start moving upwards, with the first target of 1.2454 - the pullback level of 14.6% (blue dashed line).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Stefan Doll,
Analytical expert
InstaForex Group © 2007-2020
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