website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast British Pound / Singapore Dollar technical chart
Symbol GBPSGD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJanuary 23, 2022 - 09:37
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.80000, beginning of uptrend is expected.
  • We make sure when the resistance at 1.85900 breaks.
  • If the support at 1.80000 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
  • A peak is formed in daily chart at 1.8485 on 01/13/2022, so more losses to support(s) 1.8123, 1.8089 and minimum to Major Support (1.8000) 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 43.

Supports and Resistances:

  1. 1.8505
  2. 1.8320
  3. 1.8123
  4. 1.8000
  5. 1.7855
  6. 1.7720
  7. 1.7545
  8. 1.7310
  9. 1.7070
  10. 1.6515
Click on the level to view price action history.