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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

British Pound/ (FOREX:GBPAWG)

Countertrend Up (+85) - GBPAWG 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 GBPAWG?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPAWG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPAWG
Open High Low GBPAWG Price Change
2.3244785 2.3244785 2.3244785 2.3244785 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPAWG

long term up The long-term trend has been UP since Jul 11th, 2024 at 2.3142947

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 2.3071262

short term up The short-term trend has been UP since Jul 3rd, 2024 at 2.2858701

Smart Scan Analysis for GBPAWG

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

+80
Smart Scan Analysis for GBPAWG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3244785 2.3244785 2.3244785 2.3244785 0.0000000
Prev. Close Volume Bid Ask Time
2.3380723 2024-07-11 14:34:52
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