Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/ (FOREX:GBPRSD)
Strong Uptrend (+100) - GBPRSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPRSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Sep 20th, 2024 at 139.55521
The intermediate-term trend has been UP since Nov 11th, 2024 at 141.02277
The short-term trend has been UP since Nov 20th, 2024 at 140.39663
Smart Scan Analysis for GBPRSD
Based on our trend formula, GBPRSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 140.33716 | 140.57996 | 140.33701 | 140.57792 | +0.24076 |
| Prev. Close | Volume | Bid | Ask | Time |
| 140.33716 | 2024-11-21 06:50:12 |