Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
British Pound/Lebanese Pound (FOREX:GBPLBP)
Sidelines Mode (-55) - GBPLBP 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 GBPLBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPLBP
The long-term trend has been DOWN since Jun 22nd, 2021 at 2062.3554
The intermediate-term trend has been UP since Oct 15th, 2021 at 2085.8674
The short-term trend has been DOWN since Oct 24th, 2021 at 2097.3587
Smart Scan Analysis for GBPLBP
Based on our trend formula, GBPLBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).