It reached the volume above and failed, now sitting outside the daily trendline, which signals a dip. The burgundy monthly trendline might act as a magnet and draw it down, back to the blue volume zone below.
GBPSGD
GBPSGD Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.