There is a possibility of temporary retracement to suggested support line (1.6810).

There is a possibility of temporary retracement to suggested support line (1.6810). if so, traders can set orders based on Price Action and expect to reach short-term targets.

GBP/SGD 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 64.

Take Profits:

TP1= @ 1.7118

TP2= @ 1.7250

TP3= @ 1.7525

SL= Break below S2