MY ANALYSIS FOR GBPUSD 19TH OF MAY 2023

Using nadaraya waston evelope we can clearly see that market has touched the lower band and about to reverse back to buy. On daily time frame the price is about to touch the upper band so very important to wait for see. on Daily timeframe the market is selling and about to touch the lower band so going long is needed when touch the lower band.

See also  August 23, 2023

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