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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/ (FOREX:GBPGEL)
Countertrend Up (+85) - GBPGEL 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 GBPGEL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPGEL.
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 GBPGEL
The long-term trend has been UP since Dec 3rd, 2024 at 3.6469292
The intermediate-term trend has been UP since Apr 3rd, 2025 at 3.6093597
The short-term trend has been UP since Apr 3rd, 2025 at 3.6039540
Smart Scan Analysis for GBPGEL
Based on our trend formula, GBPGEL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.6746562 | 3.6746562 | 3.6746562 | 3.6746562 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.6746562 | 2025-05-07 12:17:18 |