GBP/USD Down 3 Pips On Hourly Chart, Makes Big Move Relative to Two Week Trend; Breaks Above 50 Day Average
Compared to its peers in the forex, gbpusd gave its buyers a return that ranked 3rd in terms of percentage change since yesterday.
August 15, 2022 21:54 GMT
Over the past 91 days, GBPUSD’s price has been in a clear downtrend, falling by about $0.00 per day.
Over the past 133 days, GBPUSD’s price has been in a clear downtrend, falling by about $0.00 per day.
Over the past 23 months, GBPUSD’s price has gone down $0.07.
GBPUSD has a price of $1.2054, down 0.88% from its value 17 days prior.
+ 500 – Internal server error
+ 500 – Internal server error
Compared to its peers in the forex, gbpusd gave its buyers a return that ranked 3rd in terms of percentage change since yesterday.
Relative to other instruments in the forex asset class, gbpusd ranked 17th yesterday in terms of percentage price change.
It’s been a feast for bears operating on an hourly timeframe, as gbpusd has now gone down 4 of the past 5 hours.
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time.
This move is a reversal from the hour prior, which saw price move up.
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time.