GBP/SGD at Big Monthly Supply Area Short

British Pound / Singapore DollarFOREX.com

Description

⋅ Jan 26, 2021 1:34 PM

This has come to a big monthly supply level that it has rejected from 5 times already. Need to watch closely for a turn lower to short this to the support level that aligns with 0.5 Fibonacci as TP. SL just above the high once price turns lower.