Weekly GBPSGD Technical Analysis and Forecast - Forex - Forecast City

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Weekly forecast		British Pound / Singapore Dollar technical chart
Symbol	GBPSGD	Download MT4 template file Trading suggestion: By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
Date	August 28, 2021 - 22:54
Current	range bound
Forecast	beginning of downtrend
Midterm forecast: While the price is below the resistance 1.89150, beginning of downtrend is expected. We make sure when the support at 1.82800 breaks. If the resistance at 1.89150 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the peak at 1.8757 on 2021-02-24 and the peak at 1.89145 on 2021-05-21, the probability of uptrend continuation is decreased and the probability of beginning of downtrend is increased. A peak is formed in daily chart at 1.8912 on 07/29/2021, so more losses to support(s) 1.8505, 1.8320 and minimum to Major Support (1.8280) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 37. Supports and Resistances: 1.8505 Support on 08/26/2021 Support on 08/23/2021 Support on 06/18/2021 Support on 05/10/2021 Resistance on 05/03/2021 Resistance on 04/30/2021 Resistance on 04/29/2021 Resistance on 04/22/2021 Resistance on 04/21/2021 Resistance on 04/07/2021 Resistance on 03/31/2021 Resistance on 03/24/2021 Support on 03/22/2021 Support on 03/05/2021 Support on 03/03/2021 Support on 02/26/2021 Resistance on 04/26/2018 Resistance on 04/25/2018 Support on 04/12/2018 Support on 03/27/2018 Resistance on 03/20/2018 Resistance on 03/19/2018 Resistance on 02/26/2018 Resistance on 02/09/2018 Resistance on 02/08/2018 Resistance on 01/29/2018 Resistance on 01/26/2018 1.8320 Support on 05/03/2021 Support on 04/16/2021 Support on 04/09/2021 Support on 02/15/2021 Resistance on 02/11/2021 Resistance on 02/10/2021 Resistance on 02/09/2021 Resistance on 02/08/2021 Resistance on 02/05/2021 Support on 03/30/2018 Support on 03/19/2018 Resistance on 03/15/2018 Resistance on 03/14/2018 Resistance on 03/13/2018 Resistance on 03/07/2018 Resistance on 03/06/2018 Support on 02/27/2018 Support on 02/22/2018 Support on 02/14/2018 Support on 02/09/2018 Support on 02/07/2018 Support on 02/06/2018 Resistance on 01/17/2018 Resistance on 09/22/2017 Resistance on 09/21/2017 Resistance on 09/15/2017 Resistance on 05/10/2017 Resistance on 06/27/2016 Support on 06/24/2016 1.8080 Support on 01/26/2021 Resistance on 01/20/2021 Resistance on 01/18/2021 Resistance on 01/13/2021 Resistance on 01/12/2021 Resistance on 12/31/2020 Resistance on 12/24/2020 Resistance on 09/07/2020 Support on 09/04/2020 Support on 09/03/2020 Resistance on 08/27/2020 Resistance on 08/21/2020 Resistance on 08/19/2020 Resistance on 07/31/2020 Resistance on 02/20/2020 Resistance on 12/16/2019 Resistance on 03/13/2019 Resistance on 10/18/2018 Support on 10/16/2018 Resistance on 09/21/2018 Resistance on 09/20/2018 Resistance on 09/19/2018 Resistance on 07/16/2018 Resistance on 07/09/2018 Resistance on 07/05/2018 Resistance on 07/04/2018 Resistance on 06/26/2018 Resistance on 06/25/2018 Resistance on 05/21/2018 Support on 05/18/2018 Support on 05/15/2018 Resistance on 01/10/2018 Resistance on 01/09/2018 Resistance on 01/08/2018 Resistance on 01/03/2018 Resistance on 12/29/2017 Resistance on 12/18/2017 Resistance on 12/15/2017 Resistance on 12/14/2017 Resistance on 12/13/2017 Support on 12/08/2017 Support on 12/05/2017 Support on 12/04/2017 Support on 12/01/2017 Resistance on 11/29/2017 Support on 09/22/2017 Resistance on 09/14/2017 Resistance on 05/23/2017 Resistance on 05/19/2017 Resistance on 05/18/2017 Resistance on 05/17/2017 Resistance on 05/16/2017 Resistance on 05/15/2017 Support on 05/11/2017 Support on 05/05/2017 Resistance on 05/01/2017 Resistance on 04/28/2017 Resistance on 12/19/2016 Resistance on 12/15/2016 Resistance on 12/14/2016 Resistance on 12/13/2016 Resistance on 12/12/2016 Resistance on 12/06/2016 Resistance on 12/05/2016 Resistance on 12/02/2016 Resistance on 12/01/2016 Resistance on 09/15/2016 Resistance on 09/13/2016 Resistance on 09/12/2016 Resistance on 09/09/2016 Resistance on 09/05/2016 Resistance on 09/02/2016 Resistance on 09/01/2016 Resistance on 07/15/2016 Resistance on 07/14/2016 Support on 06/24/2016 1.7955 Resistance on 01/07/2021 Resistance on 01/06/2021 Resistance on 01/05/2021 Support on 12/31/2020 Resistance on 12/29/2020 Resistance on 12/23/2020 Resistance on 12/22/2020 Resistance on 12/21/2020 Resistance on 12/16/2020 Resistance on 12/09/2020 Resistance on 12/04/2020 Resistance on 12/03/2020 Resistance on 12/02/2020 Resistance on 12/01/2020 Resistance on 11/25/2020 Resistance on 11/24/2020 Resistance on 11/23/2020 Resistance on 08/24/2020 Resistance on 08/14/2020 Resistance on 08/13/2020 Resistance on 08/11/2020 Resistance on 08/10/2020 Resistance on 08/05/2020 Resistance on 07/30/2020 Resistance on 03/12/2020 Resistance on 03/11/2020 Resistance on 03/05/2020 Support on 02/27/2020 Support on 02/20/2020 Resistance on 02/12/2020 Resistance on 02/11/2020 Resistance on 02/10/2020 Resistance on 02/07/2020 Resistance on 02/06/2020 Resistance on 02/05/2020 Support on 12/16/2019 Resistance on 05/06/2019 Resistance on 03/27/2019 Resistance on 03/19/2019 Resistance on 03/12/2019 Resistance on 03/01/2019 Resistance on 02/28/2019 Resistance on 02/27/2019 Resistance on 11/14/2018 Resistance on 11/13/2018 Resistance on 11/09/2018 Support on 10/19/2018 Support on 10/18/2018 Resistance on 10/01/2018 Resistance on 09/24/2018 Support on 09/20/2018 Resistance on 09/14/2018 Resistance on 09/13/2018 Resistance on 09/11/2018 Resistance on 09/10/2018 Resistance on 07/26/2018 Support on 07/13/2018 Support on 07/12/2018 Support on 07/09/2018 Support on 07/06/2018 Support on 07/04/2018 Support on 07/03/2018 Resistance on 06/18/2018 Support on 05/22/2018 Support on 05/21/2018 Support on 01/11/2018 Support on 01/08/2018 Resistance on 12/28/2017 Resistance on 12/27/2017 Support on 12/19/2017 Support on 12/14/2017 Resistance on 11/28/2017 Resistance on 11/27/2017 Resistance on 11/24/2017 Resistance on 11/23/2017 Resistance on 11/22/2017 Resistance on 11/21/2017 Resistance on 11/20/2017 Resistance on 11/17/2017 Resistance on 11/10/2017 Resistance on 11/08/2017 Resistance on 11/07/2017 Support on 10/31/2017 Resistance on 10/23/2017 Resistance on 10/20/2017 Resistance on 10/19/2017 Resistance on 10/17/2017 Resistance on 10/16/2017 Resistance on 10/13/2017 Resistance on 10/12/2017 Resistance on 10/09/2017 Resistance on 08/03/2017 Resistance on 08/02/2017 Resistance on 08/01/2017 Resistance on 07/17/2017 Resistance on 07/14/2017 Resistance on 07/06/2017 Resistance on 07/03/2017 Resistance on 06/30/2017 Resistance on 06/29/2017 Support on 05/23/2017 Support on 05/19/2017 Support on 05/18/2017 Support on 05/17/2017 Support on 05/04/2017 Support on 05/03/2017 Support on 05/02/2017 Resistance on 04/26/2017 Resistance on 04/19/2017 Resistance on 04/18/2017 Resistance on 01/27/2017 Resistance on 01/26/2017 Resistance on 12/20/2016 Resistance on 12/08/2016 Resistance on 12/01/2016 Resistance on 11/30/2016 Support on 09/15/2016 Support on 09/14/2016 Support on 09/13/2016 Resistance on 08/25/2016 Resistance on 08/24/2016 Resistance on 07/22/2016 Resistance on 07/21/2016 Resistance on 07/20/2016 Resistance on 07/18/2016 Resistance on 07/15/2016 Resistance on 07/14/2016 1.7855 Support on 01/06/2021 Support on 01/05/2021 Support on 12/28/2020 Resistance on 12/14/2020 Resistance on 12/10/2020 Support on 12/04/2020 Support on 12/03/2020 Support on 11/26/2020 Support on 11/25/2020 Support on 11/24/2020 Resistance on 11/20/2020 Resistance on 11/11/2020 Support on 08/25/2020 Support on 08/13/2020 Support on 08/12/2020 Support on 08/10/2020 Support on 08/07/2020 Resistance on 07/29/2020 Resistance on 04/16/2020 Resistance on 04/15/2020 Resistance on 04/14/2020 Resistance on 04/02/2020 Resistance on 04/01/2020 Support on 03/10/2020 Support on 03/06/2020 Resistance on 02/04/2020 Resistance on 01/30/2020 Resistance on 12/31/2019 Resistance on 12/10/2019 Resistance on 12/09/2019 Resistance on 12/04/2019 Resistance on 05/07/2019 Resistance on 04/03/2019 Resistance on 03/28/2019 Resistance on 03/27/2019 Resistance on 03/26/2019 Resistance on 03/22/2019 Support on 03/18/2019 Resistance on 03/05/2019 Resistance on 02/26/2019 Resistance on 01/28/2019 Resistance on 01/25/2019 Support on 11/09/2018 Support on 10/23/2018 Support on 10/22/2018 Support on 09/27/2018 Support on 09/25/2018 Support on 09/13/2018 Resistance on 09/07/2018 Resistance on 09/05/2018 Resistance on 08/02/2018 Resistance on 07/31/2018 Resistance on 07/30/2018 Support on 07/24/2018 Support on 07/17/2018 Support on 06/29/2018 Support on 06/28/2018 Support on 06/21/2018 Resistance on 06/14/2018 Resistance on 06/13/2018 Resistance on 06/12/2018 Resistance on 06/06/2018 Resistance on 06/05/2018 Resistance on 06/04/2018 Resistance on 06/01/2018 Resistance on 05/31/2018 Resistance on 05/29/2018 Support on 11/28/2017 Support on 11/22/2017 Resistance on 11/09/2017 Support on 10/25/2017 Support on 10/24/2017 Support on 10/18/2017 Support on 10/17/2017 Support on 10/16/2017 Support on 10/12/2017 Support on 10/11/2017 Support on 10/10/2017 Resistance on 08/04/2017 Resistance on 07/27/2017 Resistance on 07/19/2017 Resistance on 07/11/2017 Resistance on 07/10/2017 Resistance on 07/05/2017 Resistance on 06/28/2017 Resistance on 06/06/2017 Resistance on 06/05/2017 Resistance on 06/02/2017 Resistance on 06/01/2017 Resistance on 05/31/2017 Resistance on 05/30/2017 Resistance on 04/24/2017 Resistance on 01/25/2017 Resistance on 01/02/2017 Resistance on 12/30/2016 Support on 12/20/2016 Support on 12/19/2016 Support on 12/16/2016 Support on 12/09/2016 Support on 12/08/2016 Support on 12/07/2016 Resistance on 11/29/2016 Resistance on 11/25/2016 Resistance on 11/24/2016 Resistance on 11/23/2016 Resistance on 11/11/2016 Support on 09/01/2016 Resistance on 08/30/2016 Resistance on 08/29/2016 Resistance on 08/26/2016 Resistance on 08/23/2016 Resistance on 07/29/2016 Resistance on 07/19/2016 Resistance on 07/18/2016 1.7720 Support on 12/21/2020 Support on 12/15/2020 Support on 12/10/2020 Support on 12/07/2020 Resistance on 11/09/2020 Resistance on 11/04/2020 Resistance on 10/29/2020 Resistance on 10/26/2020 Resistance on 10/13/2020 Resistance on 10/12/2020 Resistance on 09/28/2020 Support on 09/09/2020 Support on 07/28/2020 Resistance on 06/05/2020 Resistance on 05/01/2020 Resistance on 04/30/2020 Resistance on 04/28/2020 Resistance on 04/13/2020 Resistance on 04/09/2020 Resistance on 04/03/2020 Resistance on 03/31/2020 Resistance on 03/30/2020 Resistance on 03/13/2020 Support on 03/04/2020 Support on 02/04/2020 Resistance on 01/29/2020 Resistance on 01/28/2020 Resistance on 01/27/2020 Resistance on 01/24/2020 Resistance on 01/23/2020 Resistance on 01/22/2020 Resistance on 01/08/2020 Resistance on 01/03/2020 Resistance on 12/30/2019 Resistance on 12/27/2019 Resistance on 12/20/2019 Resistance on 12/19/2019 Support on 12/17/2019 Support on 12/12/2019 Resistance on 12/03/2019 Resistance on 10/18/2019 Resistance on 10/17/2019 Support on 05/03/2019 Resistance on 04/30/2019 Resistance on 04/16/2019 Resistance on 04/15/2019 Resistance on 04/12/2019 Resistance on 04/11/2019 Resistance on 04/10/2019 Resistance on 04/09/2019 Resistance on 04/08/2019 Resistance on 04/05/2019 Resistance on 04/01/2019 Support on 03/20/2019 Support on 01/25/2019 Resistance on 11/22/2018 Support on 11/13/2018 Support on 11/12/2018 Resistance on 10/31/2018 Resistance on 10/30/2018 Resistance on 09/03/2018 Resistance on 08/07/2018 Resistance on 08/06/2018 Support on 11/03/2017 Support on 11/02/2017 Resistance on 09/11/2017 Resistance on 09/08/2017 Support on 08/07/2017 Support on 07/28/2017 Support on 07/27/2017 Support on 07/26/2017 Support on 07/25/2017 Support on 07/13/2017 Support on 07/12/2017 Support on 07/11/2017 Support on 06/28/2017 Resistance on 06/19/2017 Support on 06/05/2017 Support on 05/31/2017 Resistance on 02/22/2017 Resistance on 02/21/2017 Resistance on 02/17/2017 Resistance on 02/16/2017 Resistance on 02/15/2017 Resistance on 02/07/2017 Resistance on 02/03/2017 Support on 01/30/2017 Resistance on 01/06/2017 Support on 01/05/2017 Support on 01/04/2017 Support on 01/03/2017 Support on 12/30/2016 Support on 12/27/2016 Support on 12/26/2016 Support on 12/23/2016 Support on 11/30/2016 Resistance on 11/18/2016 Resistance on 11/16/2016 Resistance on 11/10/2016 Resistance on 09/30/2016 Resistance on 09/29/2016 Resistance on 09/28/2016 Resistance on 09/27/2016 Resistance on 09/23/2016 Resistance on 09/22/2016 Support on 09/19/2016 Support on 08/23/2016 Support on 07/29/2016 Support on 07/28/2016 Support on 07/27/2016 Support on 07/26/2016 Support on 07/22/2016 Support on 07/20/2016 Support on 07/19/2016 Support on 07/18/2016 Support on 07/15/2016 1.7545 Support on 12/11/2020 Support on 11/05/2020 Support on 10/14/2020 Resistance on 10/07/2020 Resistance on 09/25/2020 Resistance on 09/24/2020 Resistance on 09/21/2020 Support on 09/18/2020 Support on 09/17/2020 Support on 07/23/2020 Support on 07/22/2020 Resistance on 07/15/2020 Resistance on 07/13/2020 Resistance on 07/10/2020 Resistance on 07/09/2020 Resistance on 07/08/2020 Resistance on 06/16/2020 Resistance on 06/12/2020 Resistance on 05/11/2020 Resistance on 05/08/2020 Support on 05/04/2020 Support on 04/30/2020 Support on 04/29/2020 Support on 04/24/2020 Support on 04/22/2020 Support on 04/21/2020 Support on 04/10/2020 Support on 04/03/2020 Resistance on 01/15/2020 Resistance on 01/14/2020 Support on 01/06/2020 Support on 12/27/2019 Support on 12/26/2019 Support on 12/20/2019 Resistance on 11/15/2019 Resistance on 11/14/2019 Resistance on 11/11/2019 Resistance on 11/04/2019 Support on 11/01/2019 Support on 10/31/2019 Support on 10/21/2019 Support on 10/18/2019 Resistance on 10/15/2019 Resistance on 05/22/2019 Support on 05/15/2019 Support on 04/26/2019 Support on 04/25/2019 Support on 03/21/2019 Resistance on 02/18/2019 Resistance on 01/21/2019 Resistance on 12/06/2018 Support on 11/20/2018 Support on 11/19/2018 Support on 10/30/2018 Support on 08/23/2018 Resistance on 08/15/2018 Resistance on 08/14/2018 Resistance on 08/13/2018 Resistance on 09/01/2017 Resistance on 08/31/2017 Resistance on 08/30/2017 Resistance on 08/29/2017 Resistance on 08/22/2017 Support on 06/09/2017 Support on 04/18/2017 Resistance on 04/13/2017 Resistance on 04/12/2017 Resistance on 04/11/2017 Resistance on 04/03/2017 Resistance on 03/31/2017 Resistance on 03/28/2017 Resistance on 03/27/2017 Resistance on 03/23/2017 Support on 02/22/2017 Support on 02/17/2017 Support on 02/07/2017 Support on 02/06/2017 Support on 02/03/2017 Resistance on 01/18/2017 Resistance on 01/12/2017 Support on 11/21/2016 Support on 11/18/2016 Resistance on 10/04/2016 Support on 09/26/2016 Support on 09/23/2016 Support on 08/22/2016 Resistance on 08/17/2016 Support on 08/08/2016 Support on 08/05/2016 1.7310 Support on 09/23/2020 Support on 06/23/2020 Support on 05/26/2020 Resistance on 05/21/2020 Resistance on 05/20/2020 Resistance on 05/18/2020 Support on 05/14/2020 Support on 05/13/2020 Support on 03/27/2020 Resistance on 03/25/2020 Resistance on 03/18/2020 Support on 03/16/2020 Support on 03/13/2020 Resistance on 09/19/2019 Resistance on 06/14/2019 Support on 06/12/2019 Support on 05/31/2019 Resistance on 01/10/2019 Resistance on 01/09/2019 Resistance on 01/08/2019 Resistance on 01/07/2019 Resistance on 01/04/2019 Support on 12/28/2018 Support on 12/27/2018 Support on 12/26/2018 Support on 12/24/2018 Resistance on 12/19/2018 Resistance on 12/18/2018 Resistance on 12/12/2018 Resistance on 12/11/2018 Support on 12/05/2018 Support on 12/04/2018 Support on 03/30/2017 Support on 03/29/2017 Resistance on 03/16/2017 Resistance on 03/15/2017 Resistance on 03/13/2017 Resistance on 03/09/2017 Support on 03/03/2017 Support on 01/13/2017 Support on 01/12/2017 Support on 11/10/2016 Resistance on 11/07/2016 Resistance on 11/04/2016 Resistance on 11/03/2016 Resistance on 10/07/2016 1.7070 Support on 06/29/2020 Trough on 06/29/2020 Support on 03/26/2020 Resistance on 03/24/2020 Resistance on 03/23/2020 Resistance on 03/20/2020 Resistance on 03/19/2020 Support on 10/11/2019 Resistance on 10/10/2019 Resistance on 10/03/2019 Resistance on 10/01/2019 Support on 09/24/2019 Resistance on 09/10/2019 Resistance on 09/09/2019 Resistance on 09/06/2019 Resistance on 09/05/2019 Resistance on 08/28/2019 Resistance on 08/27/2019 Resistance on 08/26/2019 Resistance on 07/25/2019 Resistance on 07/24/2019 Resistance on 07/15/2019 Resistance on 07/12/2019 Resistance on 07/05/2019 Resistance on 07/03/2019 Support on 01/03/2019 Resistance on 11/02/2016 Resistance on 11/01/2016 Resistance on 10/27/2016 Resistance on 10/21/2016 Resistance on 10/20/2016 Resistance on 10/19/2016 Resistance on 10/18/2016 1.6515 Support on 03/20/2020 Trough on 03/20/2020 Support on 03/19/2020 Click on the level to view price action history.

Symbol	Released	Current	Forecast
British Pound / Singapore Dollar (GBPSGD)^free	Sun, 14 Apr 2024
British Pound / Singapore Dollar (GBPSGD)	Sun, 7 Apr 2024
British Pound / Singapore Dollar (GBPSGD)^free	Sat, 30 Mar 2024
British Pound / Singapore Dollar (GBPSGD)	Sun, 24 Mar 2024
British Pound / Singapore Dollar (GBPSGD)^free	Sun, 17 Mar 2024