The third wave is over. Because the third wave is extended, the current price is in the B wave of the fourth wave. You can wait for the price to stabilize and then make the fourth wave C wave, you can buy.
GBP/SGD show a Bearish Harmonic pattern formation in confluence with 61.8% Fibo retracement rejection from the previous Swing high there is also a touch of the dynamic trendline of the Bearish channel and the Ichimoku forecast it's also Bearish, not last the stochastic is in Overbought ready to come back in the normal range of value. All these details and signs...
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After some time of sending us mixed signals
GBP/SGD is finally giving us a solid bearish bias
And judging by the price action at the lower timeframes
The pair is about to go down!
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The Singapore dollar has shown great strength for the past 12 months against the Great British pound, underpinned by the Singaporean economy growing 7.6% and expectations for it to continue growing the rest of this year. Adding to the strength of the Singapore dollar in recent weeks is China starting to lift its strict lockdowns, as China is Singapore’s third...