FX.co ★ dusty24 | GBP/USD

Yesterday was the last day of building not only the candle of the month, but also of the week. Market participants made the last candle of the week in May a doji. It has long legs, but with both the low and high above the previous one. This is a signal of uncertainty and indecision in choosing the direction of price movement. The long-legged doji could not rewrite the low of the previous week's candle, indicating a halt in the downward movement on the W1 timeframe, but it did not show a bullish signal either, leaving everything for clarification on the candle of the following week.