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MarketFX

GBP/EUR Over 1% Down In The Last 21 Sessions

ViaNews Editorial Team

February 20, 2023

GBP/EUR Over 1% Down In The Last 21 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.53% for the last 21 sessions. At 17:06 EST on Monday, 20 February, GBP/EUR (GBPEUR) is $1.13.

GBP/EUR's yearly highs and lows, it's 4.162% up from its 52-week low and 7.589% 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 positive 0.17%, a negative 0.01%, and a positive 0.32%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.17% (last week), 0.36% (last month), and 0.32% (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 forex signal: neutral outlook with a bearish bias - 20 February 2023. According to DailyForex on Monday, 20 February, "The EUR/USD price made a small hammer pattern even as more Federal Reserve officials sounded more hawkish. "
  • Eur/usd to fall back towards support from the 200-dma at around 1.0330 – MUFG. According to FXStreet on Monday, 20 February, "Therefore, economists at MUFG Bank expect the EUR/USD pair to challenge the 200-Day Moving Average (DMA) at around 1.0330.", "We are expecting the EUR/USD pair to fall back towards support from the 200-DMA that comes in at around 1.0330."
  • Eur/usd stays defensive around 1.0700 ahead of eurozone pmis, fed minutes. According to FXStreet on Sunday, 19 February, "Also important will be Thursday's second reading of the US fourth quarter (Q4) Gross Domestic Product, to direct immediate EUR/USD moves.", "In addition to the hawkish ECB comments, the US Dollar's corrective pullback also allowed the EUR/USD pair to portray a bounce off the six-week low the previous day."

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.