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10.07.2019 09:46 AM
Indicator analysis. Daily review of July 10, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Wednesday, the price will continue to move down, with the first target 1.2379 - the support line (red bold line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - down.

General conclusion:

On Wednesday, the price will continue to move down, with the first target 1.2379 - the support line (red bold line).

Stefan Doll,
Analytical expert of InstaForex
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