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.

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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.

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