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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.54% for the last 21 sessions. At 20:07 EST on Tuesday, 3 October, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 3.592% up from its 52-week low and 1.996% 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 0.02%, a negative 0.08%, and a positive 0.25%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.20% (last week), 0.24% (last month), and 0.25% (last quarter), respectively.

News about

  • Eur/usd price analysis: not out of the woods yet, remains vulnerable to slide further. According to FXStreet on Monday, 2 October, "On the flip side, the 1.0600 mark, closely followed by Friday’s swing high, around the 1.0615 region, should cap the immediate upside for the EUR/USD pair. ", "This, along with the occurrence of a death cross, suggests that the path of least resistance for the EUR/USD pair is to the downside."
  • Eur/usd consolidates in a range just above mid-1.0500s, upside potential seems limited. According to FXStreet on Monday, 2 October, "Hence, it will be prudent to wait for strong follow-through buying before positioning for an extension of the EUR/USD pair’s modest bounce from sub-1.0500 levels, or a multi-month low touched last week. ", "The upbeat market mood keeps a lid on any meaningful upside for the safe-haven US Dollar (USD) and lends some support to the EUR/USD pair. "
  • According to FXStreet on Monday, 2 October, "The above comments fail to move the needle around the Euro, as EUR/USD sticks to its sideways movement around 1.0570 so far this Monday."
  • Eur/usd: return below 1.05 inevitable if NFP surprises to the uspside – socgen. According to FXStreet on Monday, 2 October, "Demand for Dollar liquidity for year-end purposes typically weighs on EUR/USD in early Q4."
  • Eur/usd forex signal: euro could retest September lows – 02 October 2023. According to DailyForex on Monday, 2 October, "The EUR/USD pair continued the bearish trend as the US dollar index rally gained steam. ", "The EUR/USD exchange rate was hovering near its lowest level since November last year as investors reflected on the decision by Washington to avoid a government shutdown. "

More news about GBP/EUR (GBPEUR).

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