16.12.201908:40 Forex Analysis & Reviews: Indicator analysis: Daily review on December 16, 2019, on GBP / USD currency pair

Trend analysis (Fig. 1).

On Monday, the price may continue to move up with the first target of 1.3456 a retracement level of 61.8% presented in a yellow dashed line. If successful, the next target 1.3515 is the upper fractal.

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

On Monday, the price will continue to move up.

The lower scenario is unlikely, but also possible. That is, from the level of 1.3456 presented in a yellow dashed line, work down with the first target 1.3288 the retracement level of 14.6% presented in a red dashed line.