Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.5928). . if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . EURSGD 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 50.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.5941). . if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . EURSGD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 61.