GBPSGD Break Downwards inside longterm consolidationThe GBPSGD has broken again inside a long-term consolidation, running for 250 trading days.
Might be a trade to follow for a small profit, but I will not take this one.
#011 NEW DCA GBPSGD 15 Minutes Up TrendAs seen on the chart, price is going upwards while trending on the 20ema (the ema doesnt matter, what matters is price is going up)
We shall see what happens also on the 1H and 4H time frames, which both actually am also going up.
More in the next idea log.
2252SGT 16122024
How I trade the forbidden news & finance data. Long-GBPSGDReal
I used to be a shocking chaser of news events and finance data, you know the important data that gets released at about the same time the NY session opens, give or take an hour or 2.
But lets focus on the strategy that puts you in a position to win. If you like charting especilly being able to r
#005 GBPSGD DCA BuyI entered on EURUSD just now then realised that I still have USDCHF position opened, and I opened the position with USD buy on both trades. So, I closed the EURUSD short trade I opened just now when I was in 2cents profit, deducting 1cent commission, I still made 1cent profit.
Anyway, as for GBPSGD
GBPSGD makes a reclaim of the Daily 200EMA, up 0.24% today..
This is one to watch as a potential trade in the near future.
This is because GBP has had a solid run this week against the Singapore dollar and has finally reclaimed the 200 EMA which is most significant on the Daily chart. It should be very supportive of future price rise next week so long as
Trade Signal Alert: GBPSGD - Sell OpportunityWe have identified a promising trade setup for the GBPSGD currency pair using the EASY Quantum Ai strategy.
Direction: Sell
Enter Price: 1.71394
Take Profit: 1.71152667
Stop Loss: 1.71813667
Analysis and Justification:
1. Technical Indicators: Our EASY Quantum Ai strategy leve
Short Opportunity Heads 'n' Shoulders GBPSGD
GBPSGD.... Short... This has retested and breaking down at the neck right now!
4HR
GBPSGD Bullish H&S's Breaking-OUT currentlyGBPSGD_2024-08-16_01-24-33_19b08.png
A trade I am currently in, I tried to post it about an hour ago but I was told the resolution was no good. 4HR, D, W left to right. GBPSGD is yearly very bearish & has been making some strong moves north lately. I was in this pair trade the other night in relati
GBP SGD BULLISH HEAD & SHOULDERS IN PROGRESS....RETEST COMPLETE!
RETESTED ON GBP SGD VERY BULLISH HEAD AND SHOULDERS BUY-SIDE IN PROGRESS.
GBPSGD - Long retracement with good Risk/Return ratioGBP consolidating after a bearish move. Possible Long trade justified by good risk to return with a tight stopLoss
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of GBPSGD is 1.70836 SGD — it has increased by 0.35% in the past 24 hours. See more of GBPSGD rate dynamics on the detailed chart.
The value of the GBPSGD pair is quoted as 1 GBP per x SGD. For example, if the pair is trading at 1.50, it means it takes 1.5 SGD to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPSGD has the volatility rating of 0.76%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPSGD showed a 0.50% rise over the past week, the month change is a 1.10% rise, and over the last year it has increased by 1.22%. Track live rate changes on the GBPSGD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPSGD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPSGD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPSGD shows the buy signal, and 1 month rating is buy. See more of GBPSGD technicals for a more comprehensive analysis.