GBPSGD is trying to reverse

15 March 2022 201
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On 14 March, the GBPSGD currency pair has set a new minimum since December 2020 at 1.7697.

The daily candlestick has formed an "inverted hammer": a trend reversal signal. The RSI confirms the signal by the upward reversal from the oversold zone.

The nearest growth target will be the level of the December minimum of 2021 at 1.794.

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