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GBP/EUR Is 2% Down In The Last 10 Sessions

ViaNews Editorial Team

February 6, 2023

GBP/EUR Is 2% Down In The Last 10 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 2.11% for the last 10 sessions. At 02:09 EST on Monday, 6 February, GBP/EUR (GBPEUR) is $1.12.

GBP/EUR's yearly highs and lows, it's 3.357% up from its 52-week low and 8.303% 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 0.41%, a negative 0.02%, and a positive 0.36%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.51% (last week), 0.30% (last month), and 0.36% (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 price analysis: licks its wounds below 1.0820 key hurdle. According to FXStreet on Monday, 6 February, "On the flip side, the 21-day EMA and the three-month-old previous support line challenge the EUR/USD bulls near 1.0820.", "That said, a seven-week-old resistance-turned-support line near 1.0660 appears the immediate target for the EUR/USD bears to watch before aiming for the 1.0500 support confluence including the 100-EMA and 200-EMA."

More news about GBP/EUR (GBPEUR).

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.