Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

British Pound/ (FOREX:GBPSLL)

Countertrend Up (+85) - GBPSLL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
14844.384 14844.384 14844.384 14844.384 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 Sep 3rd, 2021 at 14285.758

short term up The short-term trend has been UP since Oct 7th, 2021 at 14334.362

Smart Scan Analysis for GBPSLL

Based on our trend formula, GBPSLL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPSLL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14844.384 14844.384 14844.384 14844.384 0.000
Prev. Close Volume Bid Ask Time
14844.384 2021-10-25 07:22:34
Get a free daily analysis and signals for British Pound/ (GBPSLL) - Request Your Free Report.