Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, January 19, 2021.

British Pound/Bahamian Dollar (FOREX:GBPBSD)

Bull Market Weakness (+75) - GBPBSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPBSD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPBSD?

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

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

FOREX_GBPBSD
Open High Low GBPBSD Price Change
1.3616123 1.3616123 1.3613218 1.3613218 -0.0002900
Entry Signal

MarketClub’s Trade Triangles for GBPBSD

long term up The long-term trend has been UP since Jul 9th, 2020 at 1.2639330

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2020 at 1.2930611

short term up The short-term trend has been UP since Dec 31st, 2020 at 1.3491810

Smart Scan Analysis for GBPBSD

Based on our trend formula, GBPBSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3616123 1.3616123 1.3613218 1.3613218 -0.0002900
Prev. Close Volume Bid Ask Time
1.3616123 2021-01-18 02:31:40
Get a free daily analysis and signals for British Pound/Bahamian Dollar (GBPBSD) - Request Your Free Report.