Forex Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
British Pound/ (FOREX:GBPSLL)
Strong Downtrend (-100) - GBPSLL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPSLL continues to fall. Traders should use caution and set stops.
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 DOWN since Jun 21st, 2023 at 24323.440
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 27894.448
The short-term trend has been DOWN since Sep 21st, 2023 at 27894.448
Smart Scan Analysis for GBPSLL
Based on our trend formula, GBPSLL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).