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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

British Pound/Euro (FOREX:GBPEUR)

Bull Market Weakness (+75) - GBPEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPEUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPEUR
Open High Low GBPEUR Price Change
1.178995 1.179900 1.177400 1.179895 +0.000900
Entry Signal

MarketClub’s Trade Triangles for GBPEUR

long term down The long-term trend has been DOWN since Jan 14th, 2025 at 1.1837950

intermediate term up The intermediate-term trend has been UP since May 6th, 2025 at 1.1793235

short term up The short-term trend has been UP since May 6th, 2025 at 1.1779000

Smart Scan Analysis for GBPEUR

Based on our trend formula, GBPEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.178995 1.179900 1.177400 1.179895 +0.000900
Prev. Close Volume Bid Ask Time
1.178995 2025-05-09 05:46:18
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