GBP_SGD Analysis

Last: 1.74385 | Change: -0.00485 | Date: 2025-04-22

Phase: Momentum > Late Momentum > Distribution Phase > Active Distribution > Active Distribution > Distribution Phase: Active Distribution 60.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 55.82 (Neutral)
Volume: Rising (Normal)
Volatility: 0.5905 (Normal)
Price Action: Engulfing
Price Structure: Sideways
Momentum: -0.0047 (Strong)
ATR: 0.0103
NATR: 0.5905
Trend Alignment: No

Phase Analysis

Current Phase: Momentum > Late Momentum > Distribution Phase > Active Distribution

Confidence: 60.0%

Stage: Active Distribution

Detail: Distribution Phase: Active Distribution

Description: Strong selling pressure dominates.

Market Metrics

Trend: Down (Weak)

RSI: 55.8 (Neutral)

Volume: Rising (Normal)

Volatility: 0.5905 (High)

Support & Resistance

Current Price: 1.7438

Resistance Levels

1.7628 Strong (1.08% away)

Support Levels

1.7087 Strong (2.02% away)
1.7226 Strong (1.22% away)

Trade Setups