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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

British Pound/South Korean Won (FOREX:GBPKRW)

Sidelines Mode (+55) - GBPKRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_GBPKRW
Open High Low GBPKRW Price Change
1856.7108 1860.0601 1851.2179 1858.3150 +1.6042
Entry Signal

MarketClub’s Trade Triangles for GBPKRW

long term up The long-term trend has been UP since Jan 2nd, 2024 at 1668.4584

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2025 at 1852.1662

short term up The short-term trend has been UP since May 7th, 2025 at 1866.6008

Smart Scan Analysis for GBPKRW

Based on our trend formula, GBPKRW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1856.7108 1860.0601 1851.2179 1858.3150 +1.6042
Prev. Close Volume Bid Ask Time
1856.7108 2025-05-09 08:48:20
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