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EUR/GBP Bullish Momentum: 0.82% Up In The Last 5 Sessions

ViaNews Editorial Team

October 7, 2024

EUR/GBP Bullish Momentum: 0.82% Up In The Last 5 Sessions

(VIANEWS) - EUR/GBP (EURGBP) has been up by 0.82% for the last 5 sessions. At 07:06 EST on Monday, 7 October, EUR/GBP (EURGBP) is $0.84.

EUR/GBP's yearly highs and lows, it's 0.999% up from its 52-week low and 4.244% down from its 52-week high.

Volatility

EUR/GBP's last week, last month's, and last quarter's current intraday variation average was a positive 0.03%, a negative 0.04%, and a positive 0.22%, respectively.

EUR/GBP's highest amplitude of average volatility was 0.38% (last week), 0.26% (last month), and 0.22% (last quarter), respectively.

News about

  • Usd/jpy slides below mid-148.00s, downside potential seems limited. According to FXStreet on Monday, 7 October, "The USD/JPY pair struggles to capitalize on a modest Asian session uptick or find acceptance above the 149.00 mark and retreats a few pips from its highest level since August 16 touched this Monday. ", "This, in turn, offers some support to the Japanese Yen (JPY) and attracts some sellers around the USD/JPY pair. "
  • Usd/jpy bounces off daily low, finds support near 148.00 amid bullish USD. According to FXStreet on Monday, 7 October, "The USD/JPY pair retreats after touching its highest level since August 16, around the 149.10-149.15 area and extends the steady intraday descent through the first half of the European session on Monday. ", "Apart from this, a turnaround in the global risk sentiment, along with escalating geopolitical tensions in the Middle East, drives some haven flows towards the JPY and exerts some downward pressure on the USD/JPY pair. "

More news about EUR/GBP (EURGBP).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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