GBP/USD Up 2 Pips Over Past Hour, Moves Up For the 2nd Day In A Row; in a Downtrend Over Past 90 Days
Relative to other instruments in the forex asset class, gbpusd ranked 13th yesterday in terms of percentage price change.
May 23, 2022 6:52 GMT
Over the past 88 days, GBPUSD’s price has been in a clear downtrend, falling by about $0.00 per day.
Over the past 134 days, GBPUSD’s price has been in a clear downtrend, falling by about $0.00 per day.
Over the past 16 months, GBPUSD’s price has gone down $0.13.
GBPUSD has a price of $1.2568, down 0.03% from its value 24 days prior.
+ 500 – Internal server error
+ 500 – Internal server error
Relative to other instruments in the forex asset class, gbpusd ranked 13th yesterday in terms of percentage price change.
Volatility for gbpusd has been contracting over the past two weeks relative to volatility over the past month.
Volatility for gbpusd has been contracting over the past two weeks relative to volatility over the past month.
Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.
This is the 2nd consecutive hour gbpusd has seen its price head up.
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down.
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.
Price action traders may also wish to note that we see a doji candlestick pattern on gbpusd.
Or to simplify this another way, note that out of the past 10 days gbpusd’s price has gone down 7 them.