Analytics of the Forex currency market as of October 20, 2023

Hello. Below are several recommendations for trading on the Forex market on 10/20/2023


A Doji pattern was formed on the GBPUSD pair. The week turned out to be not very good, the price was stuck sideways and it is still unclear where we will go. Today the lows of the last few days were removed, and FVG remained untouched on top. We will probably move upward towards it. You can try to look for intraday buy signals, with targets at 1.2268. I won’t look at big goals for now, we’ll see how events develop.

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