Indicator analysis. Daily review for June 10, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 2).

On Monday, the price may roll back down, with the first target of 1.2685 – the pullback level of 38.2% (blue dashed line). Much will depend on the news that comes out at 8.30 Universal time.

Fig. 2 (daily schedule).

Comprehensive analysis:

– indicator analysis – down;

– Fibonacci levels – down;

– volumes – down;

– candlestick analysis – down;

– trend analysis – up;

– Bollinger lines – down;

– weekly schedule – up.

General conclusion:

On Monday, the price may roll back down, with the first target of 1.2685 – the pullback level of 38.2% (blue dashed line). Much will depend on the news that comes out at 8.30 Universal time.

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