Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
British Pound/ (FOREX:GBPAWG)
Bull Market Weakness (+75) - GBPAWG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPAWG as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPAWG?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPAWG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPAWG
The long-term trend has been DOWN since Mar 2nd, 2020 at 2.3149191
The intermediate-term trend has been UP since Jun 1st, 2020 at 2.2262350
The short-term trend has been UP since May 29th, 2020 at 2.2206242
Smart Scan Analysis for GBPAWG
Based on our trend formula, GBPAWG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).