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Great Britain Pound vs Singapore Dollar

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GBPSGD trade ideas

💡Don't miss the great sell opportunity in GBPSGD Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.81550). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPSGD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 28 Take Profits: TP1= @ 1.8102 TP2= @ 1.8062 TP3= @ 1.8013 TP4= @ 1.7959 TP5= @ 1.7898 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
2
💡Don't miss the great sell opportunity in GBPSGDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.82170). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPSGD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 35. Take Profits: TP1= @ 1.80773 TP2= @ 1.80184 TP3= @ 1.79490 TP4= @ 1.78665 TP5= @ 1.77790 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
4
💡Don't miss the great sell opportunity in GBPSGD Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.82290). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPSGD is in a range bound and the beginning of downtrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 61. Take Profits: TP1= @ 1.80800 TP2= @ 1.79550 TP3= @ 1.77320 TP4= @ 1.75630 TP5= @ 1.73310 TP6= @ 1.70910 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
4
A trading opportunity to buy in GBPSGDTrading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (1.7190 to 1.7070). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. . Beginning of entry zone (1.7190) . Ending of entry zone (1.7070) Midterm forecast : While the price is above the support 1.7070, beginning of uptrend is expected. We make sure when the resistance at 1.7720 breaks. If the support at 1.7070 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The ascending flag taking shape suggests we will soon see another leg higher. The RSI bounced from the support #1 at 35 and it prevented price from more losses. A trough is formed in daily chart at 1.7070 on 06/29/2020, so more gains to resistance(s) 1.7430, 1.7605 and maximum to Major Resistance (1.7720) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 49. Take Profits: TP1= 1.7430 TP2= 1.7605 TP3= 1.7720 TP4= 1.7855 TP5= 1.8080 TP6= 1.8275 TP7= Free
Long
by ForecastCity_EU
5
Don't miss the great buy opportunity in GBPSGDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.6908). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPSGD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 64. Take Profits: TP1= @ 1.7118 TP2= @ 1.7250 TP3= @ 1.7525 SL= Break below S2
Long
by ForecastCity_EU