7647122 7/13/2017 6:16 PM, GBP/SGD intraday: the upside prevails as long as 1.7754 is support


Our pivot point stands at 1.7754.


Our preference

: the upside prevails as long as 1.7754 is support.


Alternative scenario

: the downside breakout of 1.7754 would call for 1.7705 and 1.7676.


Comment

: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.7784 and 1.7770).


Supports and resistances

:

1.7964 **

1.7935 *

1.7905 **

1.7876

1.7815 last

1.7774

1.7754 **

1.7705 *

1.7676 **