Market Conditions for SGDGBP as at Jul 06, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Singapore Dollar/British Pound
Singapore Dollar/British Pound ProfileThe Singapore Dollar/British Pound (SGD/GBP) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. SGD is the base currency and GBP is the quote currency, meaning that 1 Singapore Dollar was worth 0.5750 British Pound at the end of the New York trading session on Monday, 0.09% more than at the previous close.
Technical Analysis Summary for July 6, 2020
While the FX pair is currently in a short-term downtrend, this could just be a correction, as both the medium and long-term trends are still bullish. Monday's trading range has been 17 pips (0.3%), that's far below the last trading month's daily average range of 42 pips. Buying might speed up should prices move above the close-by swing high at 0.5764 where further buy stops could get triggered.
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