2013.11.25 | GBPUSD Market Analysis
GBPUSD Trends & Fibonacci Retracement Levels
The GBPUSD currency pair has been declining in forex market trading today with the GBPUSD registering a high of 1.62394 and a low of 1.61832 on the day. Trends data shows the pair is currently in a short-term uptrend with prices trading over the 21 day linear moving average. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels indicator, the pair also continues to be in an uptrend with the 1.6250 level representing a clear barrier above.
GBPUSD Trends Data: Linear Regression Indicator
10-day current trend is BULLISH / Trend strength of 283.1 pips
30-day current trend is BULLISH / Trend strength of 39.2 pips
60-day current trend is BULLISH / Trend strength of 372.9 pips
90-day current trend is BULLISH / Trend strength of 940.8 pips
180-day current trend is BULLISH / Trend strength of 1040.3 pips
By CountingPips.com – Forex Trading Apps & Currency Trade Tools
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