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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.
DateMarch 13, 2022 - 14:22
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 1.79440 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • A peak is formed in daily chart at 1.8335 on 02/21/2022, so more losses to support(s) 1.7720, 1.7545, 1.7310 and more depths 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 28.

Supports and Resistances:

  1. 1.8505
  2. 1.8320
  3. 1.7944
  4. 1.7855
  5. 1.7720
  6. 1.7545
  7. 1.7310
  8. 1.7070
  9. 1.6515
Click on the level to view price action history.
Symbol Released Current Forecast
British Pound / Singapore Dollar (GBPSGD) new 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
History
Daily-Trading-Opportunities on GBPSGD.