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MarketFX

GBP/EUR Over 1% Down In The Last 10 Sessions

ViaNews Editorial Team

September 25, 2023

GBP/EUR Over 1% Down In The Last 10 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.15% for the last 10 sessions. At 07:06 EST on Monday, 25 September, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR's yearly highs and lows, it's 6.39% up from its 52-week low and 2.268% down from its 52-week high.

Volatility

GBP/EUR's last week, last month's, and last quarter's current intraday variation average was a negative 0.29%, a negative 0.09%, and a positive 0.26%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.36% (last week), 0.24% (last month), and 0.26% (last quarter), respectively.

Forex Price Classification

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

News about

  • Eur/usd snaps its four-day losing streak, hovers around 1.0650, focus on German IFO data. According to FXStreet on Monday, 25 September, "The EUR/USD pair snaps its four-day losing streak during the early Asian session on Monday. ", "This, in turn, might weigh on the Euro and act as a headwind for the EUR/USD pair. "
  • Eur/usd price analysis: languishes near multi-month low, setup favours bearish traders. According to FXStreet on Monday, 25 September, "The EUR/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, around mid-1.0600s through the Asian session. ", "This points to a well-established bearish trend and suggests that the path of least resistance for the EUR/USD pair is to the downside. "
  • Eur/usd forex signal: prepares for another leg lower - 25 September 2023. According to DailyForex on Monday, 25 September, "The EUR/USD exchange rate has been in a strong bearish trend in the past few months. ", "The EUR/USD exchange rate moved sideways on Monday morning and remained at the lowest level since March. "
  • Eur/usd consolidates around mid-1.0600s, bears retain control near multi-month low. According to FXStreet on Monday, 25 September, "This turns out to be another factor that fails to assist the EUR/USD pair to attract buyers or register any meaningful recovery from a multi-month low.", "The EUR/USD pair struggles to gain any meaningful traction on the first day of a new week and oscillates in a narrow trading band, around mid-1.0600s through the early European session. "

More news about GBP/EUR (GBPEUR).

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MarketFX

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ForexForeign Exchange MarketCurrenciesGBPEURGBP/EURPrice DownFOREX Price DownForex Now
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.