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MarketFX

GBP/EUR Bearish By 1% In The Last 10 Sessions

ViaNews Editorial Team

December 20, 2023

GBP/EUR Bearish By 1% In The Last 10 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.07% for the last 10 sessions. At 12:07 EST on Wednesday, 20 December, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR's yearly highs and lows, it's 3.655% up from its 52-week low and 1.937% 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 0.13%, a positive 0.07%, and a positive 0.19%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.27% (last week), 0.20% (last month), and 0.19% (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 analysis: euro gives up its gains - 18 December 2023. According to DailyForex on Monday, 18 December, "Recently, the euro price against the EUR/USD and other currencies increased last Thursday after the European Central Bank issued relatively optimistic expectations to the economy, saying that these justify the stay of interest rates unchanged in the foreseeable future. ", "Therefore, we expect the EUR/USD price to remain in its current path until the end of trading in 2023. "
  • Eur/usd price analysis: rebounds ahead of German data, holds above 1.0900. According to FXStreet on Monday, 18 December, "This shows a potential for an upward trend, which could influence the EUR/USD pair to break above the barrier to explore the major level at 1.1050.", "The technical indicators for the EUR/USD pair favor the prevailing upward movement. "
  • Eur/usd clings to mild gains around 1.0900, focus on German IFO data. According to FXStreet on Monday, 18 December, "This, in turn, exerts some selling pressure on the Euro (EUR) and acts as a headwind to the EUR/USD pair. "
  • Eur/usd signal: towards the sky - 18 December 2023. According to DailyForex on Monday, 18 December, "Potential signal: The EUR/USD pair is watching the 1.10 region as a major barrier. ", "Potential signal: The EUR/USD pair is watching the 1.10 region as a major barrier. "
  • According to FXStreet on Monday, 18 December, "The EUR/USD pair continues to trade modestly higher on the day at around 1.0920 following these comments."

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.