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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
US Dollar/British Pound (FOREX:USDGBP)
Crossroads (-60) - USDGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDGBP.
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 USDGBP
The long-term trend has been UP since Nov 14th, 2024 at 0.78960
The intermediate-term trend has been DOWN since Feb 5th, 2025 at 0.79858
The short-term trend has been DOWN since Feb 20th, 2025 at 0.79105
Smart Scan Analysis for USDGBP
Based on our trend formula, USDGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7916403 | 0.7917343 | 0.7916403 | 0.7917343 | +0.0000940 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7916403 | 2025-02-22 03:14:46 |