21.10.201908:08 Forex Analysis & Reviews: Indicator analysis. Daily review on October 21, 2019 for the GBP / USD currency pair

Trend analysis (Fig. 1).

On Monday, the price will move down, with the first target of 1.2874 - a pullback level of 14.6% (blue dashed line).

Fig. 1 (daily chart).

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 begin to pull back down.

The first lower target of 1.2874 is a pullback level of 14.6% (blue dashed line). If it is successful, the downward movement will continue with the target of 1.2804 which is a pullback level of 23.6% (blue dashed line).

An unlikely scenario is an upward movement with a target of 1.3167 - a pullback level of 50.0% (yellow dashed line).