Future Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
BRITISH POUND Jun 2023 (CME:6B.M23)
Strong Uptrend (+100) - 6B.M23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, 6B.M23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid 6B.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.M23
The long-term trend has been UP since Apr 4th, 2023 at 1.2465
The intermediate-term trend has been UP since Jun 8th, 2023 at 1.2549
The short-term trend has been UP since Jun 8th, 2023 at 1.2455
Smart Scan Analysis for 6B.M23
Based on our trend formula, 6B.M23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).