Forex market analytics on 05/18/2023

Hello. Today is the day when nothing interesting and new was drawn. And below, let's see what you should pay attention to when trading on the Forex market 18.05.2023


GBPUSD formed a Doji pattern by updating the next lows 1.2427. Perhaps we will return to FVG from above, and this will give new reasons for selling at higher prices. In general, I am bearish and I consider selling here. Sell ​​targets at 1.2339 and just below the 50% level at 1.2176.

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