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GBP/USD Is 1% Down In The Last 10 Sessions

(VIANEWS) – GBP/USD (GBPUSD) has been up by 1.96% for the last 10 sessions. At 14:09 EST on Sunday, 24 March, GBP/USD (GBPUSD) is $1.26.

GBP/USD’s yearly highs and lows, it’s 4.65% up from its 52-week low and 4.101% down from its 52-week high.

Volatility

GBP/USD’s last week, last month’s, and last quarter’s current intraday variation average was 0.10%, 0.06%, and 0.25%, respectively.

GBP/USD’s highest amplitude of average volatility was 0.21% (last week), 0.22% (last month), and 0.25% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GBP/USD’s Forex is considered to be overbought (>=80).

News about

  • Eur/usd hovers around 1.0860 ahead of fed's powell speech. According to FXStreet on Friday, 22 March, "The EUR/USD pair retreats to the 1.0860 area during the early Asian trading hours on Friday. "
  • Eur/usd: unlikely to fall much further before bottoming out – ING. According to FXStreet on Friday, 22 March, "It remains unlikely that the pair can enjoy a sustained recovery without a decline in USD rates, but Turhusday’s positive Dollar reaction to US data appeared overdone considering the recent narrative by the Fed, and we don’t feel EUR/USD should fall much further before bottoming out."
  • Eur/usd price analysis: sees downside to 1.0800 amid dismal market sentiment. According to FXStreet on Friday, 22 March, "The EUR/USD pair extends its downside to three-day low around 1.0840 in the late Asian session on Friday. "
  • Eur/usd extends into a two-day plunge, tumbles into 1.0800. According to FXStreet on Friday, 22 March, "The EUR/USD lost further ground on Friday, as investors shrugged off above-forecast German economic data to bid up the US Dollar across the board. "
  • Eur/usd weekly forecast: forex storm leads to turbulent speculative results – 24 March 2024. According to DailyForex on Sunday, 24 March, "If the EUR/USD were to fall below the 1.08000 level early this week it would be surprising perhaps for traders with bullish sentiment, but technically merely be testing lows seen in February.", "The past week of trading produced a high of nearly 1.09450 on Thursday of this week, but something certainly caused a fast downturn in the EUR/USD late on Thursday and throughout Friday before the weekend arrived. "

More news about GBP/USD (GBPUSD).

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