Indicator analysis. Daily review on GBP / USD for July 21, 2020

Trend analysis (Fig. 1). The market may continue to move upward from the level of 1.2664 (closing of yesterday’s daily candle) with the target of 1.2731 – an 85.4% pullback level (blue dotted line). If this level is reached, the upward trend may continue with the next target at the upper fractal 1.2813 (blue dotted […]