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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

British Pound/ (FOREX:GBPRSD)

Long-Term Uptrend (+90) - GBPRSD is in a strong uptrend that is likely to continue. While GBPRSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_GBPRSD
Open High Low GBPRSD Price Change
141.17449 141.19864 140.40724 140.57549 -0.59900
Entry Signal

MarketClub’s Trade Triangles for GBPRSD

long term up The long-term trend has been UP since Dec 30th, 2021 at 140.27063

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2021 at 139.18304

short term up The short-term trend has been UP since Jan 19th, 2022 at 141.34839

Smart Scan Analysis for GBPRSD

Based on our trend formula, GBPRSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
141.17449 141.19864 140.40724 140.57549 -0.59900
Prev. Close Volume Bid Ask Time
141.17449 2022-01-21 17:06:14
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