jabariofafrica

GBPSGD _____ TRADE IDEA FOR DAY TRADERS

Short
FOREXCOM:GBPSGD   British Pound / Singapore Dollar
Hello Traders,

I know this pair is not one that most people trade, however, the price structure of this pair presents a short trade for day traders.

This pair has some bearish juice in it and based on the price structure, this pair is retracing after the bullish rally. If you look closely at how yesterday's candle closed, you will notice that the price was manipulated to the bullish side only to close bearish. Hence, a bearish continuation is probable.

I'd like you to look at my speculation on GBPUSD for day traders (inserted below)

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GBPUSD ANALYSIS

Cheers,
Jabari

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