GBPSGD Inverse Head & ShouldersVery nice Inverse Head & Shoulders, on the GBPSGD daily chart, Should take a few days to retrace a little before it attacks the breakout line again but well worth keeping an eye out for this as there are a lot of pips up for grabs!Longby hyweljonesUpdated 5
This a Good Buy- GBPSGDWe have a strong divergence in play On 4-Hour Time frame price has just closed strongly above 21-EMA Looking to book Full profit at Fib 38.2% or where price will meet the declining Trend-line Book Partial profits at Fib 23.6% This trade is already active Good luckLongby Ni_ToniUpdated 7
GBP Going Strong After BOE MinutesGBP a little weaker after today's BOE Minutes, yet, against SGD, it is going strong. Over several charts such as monthly, 4h, 1h all confirming a bullish direction. It has shown great support just under 1.72000. First test passed over 10ema, next is 22ema. Longby chastic4
SGD/GBP – Process of forming Head and Shoulders on Daily?FX_IDC:SGDGBP Wait for confirmation before entering shortby hvzzn8
GBPSGD Long: OversoldSterling felt oversold on recent scottish independence news. In fact, price seems to be reacting favourable at the current levels, with seemingly higher lows and taking out minor supplies. A potential for long, with a stretch target of 1.75000, stop right below the recent low. Longby sdtrader4
GBPSGD: 20 Feb 2017 Elliott wave update - Expecting 1.7230 beforTalking Points: Technical Strategy: Temporary Bearish Elliottwave Count: Correction still in process. Expecting one more leg down. HTG Note: Current wave structure on GBP/SGD is looking bullish on daily timeframe. However, while decomposing lower time frame count, we are expecting correction should still due and should be completing in near future. Our target on this pair is to see 1.7230 minimum. Action We initiated short position @ 1.7680 with limited stoploss, target on 1.7260 to 1.7230. -- By Hoagtrading.com (Twitter: @Hoagtrading )Shortby HoagUpdated 9
time to ride the bullThis is an ascending triangle which means to me that the bulls have more control. If you take a look at the weekly time frame you can see that there was a bullish movement for some weeks. The stochastic has just entered the oversold section and this could also be a confirmation. the 50 day sma was behaving like a support and the 200 sma could be the limit to the upward movement. Be careful of the resistance line drawn as well.Longby concept00075
GBPSGD. BEARISH GARTLEY PATTERNHere we have a beautiful high probability bearish setup A nice bearish Gartley setup Potential Minor price rejection at 1.79000 Potential target 1 at the Minor price at 1.78000 Trade safely guys ! (For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)Shortby UnknownUnicorn5301244
GBPSGD. BEARISH BAT PATTERNHere we have a beautiful high probability bearish setup A nice bearish bat setup Potential Minor price rejection at 1.79000 Potential target 1 at the Minor price at 1.78000 Trade safely guys !Shortby UnknownUnicorn530124Updated 7
GBP/SGD great opportunity to get into long term tradeThis is one of my main themes for my macro portfolio. I am looking to see more buyers for GBP and also we see same weaknees in Asia region which I express with this trade idea.Longby Sebastian_Urbanski5
GBPSGD Daily AnalysisMarket have just surpassed key Retracement level of 61.8... where will market be heading?? Read more www.sgfxcom.blogspot.comby FinancialVeracity0