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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

US Dollar/British Pound (FOREX:USDGBP)

Strong Uptrend (+100) - USDGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDGBP 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 USDGBP?

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

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

FOREX_USDGBP
Open High Low USDGBP Price Change
0.82397 0.82510 0.81802 0.81953 -0.00444
Entry Signal

MarketClub’s Trade Triangles for USDGBP

long term up The long-term trend has been UP since Sep 20th, 2023 at 0.808460

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2023 at 0.783495

short term up The short-term trend has been UP since Sep 13th, 2023 at 0.802560

Smart Scan Analysis for USDGBP

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

+100
Smart Scan Analysis for USDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.82397 0.82510 0.81802 0.81953 -0.00444
Prev. Close Volume Bid Ask Time
0.82397 2023-09-28 13:25:22
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