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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.
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MarketClub’s Trade Triangles for GBPRSD
The long-term trend has been UP since Dec 30th, 2021 at 140.27063
The intermediate-term trend has been UP since Dec 23rd, 2021 at 139.18304
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).
| 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 |