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Forex Trend Analysis Report

Prepared for you on Monday, September 25, 2023.

British Pound/ (FOREX:GBPSLL)

Strong Downtrend (-100) - GBPSLL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPSLL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_GBPSLL
Open High Low GBPSLL Price Change
27797.709 27797.709 27797.709 27797.709 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPSLL

long term down The long-term trend has been DOWN since Jun 21st, 2023 at 24323.440

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 27894.448

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 27894.448

Smart Scan Analysis for GBPSLL

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

-100
Smart Scan Analysis for GBPSLL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27797.709 27797.709 27797.709 27797.709 0.000
Prev. Close Volume Bid Ask Time
27756.644 2023-09-23 13:03:35
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