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GBP/EUR Bearish Momentum: 0.92% Down In The Last 10 Sessions

ViaNews Editorial Team

December 19, 2023

GBP/EUR Bearish Momentum: 0.92% Down In The Last 10 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.92% for the last 10 sessions. At 21:08 EST on Monday, 18 December, GBP/EUR (GBPEUR) is $1.16.

GBP/EUR's yearly highs and lows, it's 3.879% up from its 52-week low and 1.725% 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 0.10%, a positive 0.08%, and a positive 0.19%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.18% (last week), 0.19% (last month), and 0.19% (last quarter), respectively.

News about

  • According to FXStreet on Monday, 18 December, "Furthermore, the USD/JPY pair's inability to move back above the said support-turned-resistance, currently around the 142.55 region, validates the negative outlook. ", "This, in turn, warrants some caution before confirming that the USD/JPY pair has formed a near-term bottom around the 141.00 mark and positioning for any further appreciating move. "
  • Usd/jpy forecast: looks threatened - 18 December 2023. According to DailyForex on Monday, 18 December, "At the end of the day, the fate of the USD/JPY exchange rate remains uncertain as it hovers around the ¥142 level. ", "In the absence of clear guidance from the BOJ, the USD/JPY exchange rate is likely to continue its back-and-forth pattern as traders attempt to establish a solid base. "
  • Boj preview: any hawkish surprise in communication to push usd/jpy close to the 140 support – ING. According to FXStreet on Monday, 18 December, "Expect any hawkish surprise in communication to push USD/JPY close to the 140 support, whereas an unchanged message can bring the pair back to 145, where we could see selling interest if the Dollar momentum proves soft."

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.