07.06.201909:43 Forex Analysis & Reviews: Indicator analysis. Daily review for June 7, 2019 for the GBP / USD currency pair

Long-term review

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Trend analysis (Fig. 1).

On Friday, we are waiting for the continuation of the upward movement with the first target of 1.2744 - the upper fractal. Much will depend on the news that comes out at 12.30 Universal time.

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Friday, we are waiting for the continuation of the upward movement with the first target of 1.2744 - the upper fractal. Much will depend on the news that comes out at 12.30 Universal time.

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