Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 2, 2025.
British Pound/ (FOREX:GBPRSD)
Bear Market Rally (-75) - GBPRSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPRSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPRSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPRSD.
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 GBPRSD
The long-term trend has been DOWN since Jan 17th, 2025 at 138.58231
The intermediate-term trend has been DOWN since Mar 5th, 2025 at 140.17525
The short-term trend has been DOWN since Mar 28th, 2025 at 140.20397
Smart Scan Analysis for GBPRSD
Based on our trend formula, GBPRSD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 140.25013 | 140.47419 | 140.11848 | 140.11848 | -0.13165 |
| Prev. Close | Volume | Bid | Ask | Time |
| 140.25013 | 2025-04-02 10:09:32 |