Forex Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
British Pound/ (FOREX:GBPSLL)
Weak Uptrend (+65) - GBPSLL is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for GBPSLL
The long-term trend has been UP since Jul 27th, 2020 at 12426.031
The intermediate-term trend has been UP since Apr 5th, 2021 at 14391.349
The short-term trend has been DOWN since Apr 6th, 2021 at 14347.366
Smart Scan Analysis for GBPSLL
Based on our trend formula, GBPSLL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).