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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 27, 2022 - 08:41
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 1.80660 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • A trough is formed in daily chart at 1.77260 on 03/14/2022, so more gains maximum to Major Resistance (1.80660) 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 45.

Supports and Resistances:

  1. 1.85050
  2. 1.83200
  3. 1.80660
  4. 1.78550
  5. 1.77200
  6. 1.75450
  7. 1.73100
  8. 1.70700
  9. 1.65150
Click on the level to view price action history.