GBPSGD Daily Analysis by CliveRyan on TradingView.com
What can you expect:
- Market to trend lower (Bearish)
- Market to retrace at key level (Purple)
- Break previous low
- Which might take quite awhile
- Market to trend higher (Bull)
- Market to break the key level (Purple)
- Retraces and retest key level before finding demand
- Market have too broke key fibo number of 61.8 (key level of resistance)
- Market is making strong bullish candlestick (Shows strong level of demand for the sterling)
Market seem to have a higher probability to trend upwards than downwards - Time will tell!
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