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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/ (FOREX:GBPLRD)
Sidelines Mode (+55) - GBPLRD 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 GBPLRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPLRD
The long-term trend has been UP since Feb 2nd, 2025 at 245.81032
The intermediate-term trend has been UP since Jan 23rd, 2025 at 233.58941
The short-term trend has been DOWN since May 2nd, 2025 at 265.80997
Smart Scan Analysis for GBPLRD
Based on our trend formula, GBPLRD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 265.76059 | 265.76059 | 265.76059 | 265.76059 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 265.76059 | 2025-05-04 11:00:59 |