GBP RON Are we due to a correction? The overall macro trend it's bullish but we seam like we have finished something here and we are ready for a correction.
Waiting for upward continuityWaiting for upward continuity with the structure
When I arrive at the decision frontier, I will demand a clear turn of the micro cycle of arrival at the level
Waiting for the downward inflectionWaiting for the downward inflection
If the price reaches the decision frontier and cannot regain strength to try to go up, then an interesting downward opportunity will open.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of GBPRON is 5.9976 RON — it has increased by 0.01% in the past 24 hours. See more of GBPRON rate dynamics on the detailed chart.
The value of the GBPRON pair is quoted as 1 GBP per x RON. For example, if the pair is trading at 1.50, it means it takes 1.5 RON to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPRON has the volatility rating of 0.11%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPRON showed a −0.51% fall over the past week, the month change is a 0.16% rise, and over the last year it has increased by 4.68%. Track live rate changes on the GBPRON chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPRON right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPRON technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPRON shows the buy signal, and 1 month rating is strong buy. See more of GBPRON technicals for a more comprehensive analysis.