Uncertainty about BPD

I was looking a USD vs British pound and I am uncertain abou this counter.

Fig 1 USD BPD

 

When compared to USD, the chart is a little confusing. I think the only way I can make sense out of this is by using wave count. The question is that I only have data as far back as 2003. What I can see is a series of 3-wave patterns. For the time being, it should be doing the C wave. However, I am seeing divergence on the indicators, and I believe BPD is going to strengthen again. It is presently hovering at its resistance of 0.675 with formation of flag. There may be 1 more leg up before trending downward.



Fig 2 SGD BPD Monthly chart

Moving towards SGD BPD monthly chart, there are a lot more clarty. A double top formation of which objective is met and it is much possible a bottom formation in progress.

It seems like BPD is poise for strengthening.