GBP/SGD currency pair analysis

The general trend is descendant. The ascendant truncated wave structure has finished breaching the inclined channel. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Trading idea:

Sell when the 1.7230 level is breached.

Stop-loss: 1.7358.

Target levels: 1.7138; 1.7000.