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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

British Pound/ (FOREX:GBPSLL)

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

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

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

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

FOREX_GBPSLL
Open High Low GBPSLL Price Change
16869.895 16869.895 16869.895 16869.895 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPSLL

long term up The long-term trend has been UP since Oct 19th, 2021 at 14597.136

intermediate term up The intermediate-term trend has been UP since Jul 14th, 2022 at 16052.281

short term up The short-term trend has been UP since Jul 14th, 2022 at 16052.281

Smart Scan Analysis for GBPSLL

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

+70
Smart Scan Analysis for GBPSLL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16869.895 16869.895 16869.895 16869.895 0.000
Prev. Close Volume Bid Ask Time
16869.895 2022-08-16 07:16:44
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