GBP/EUR Bearish Momentum With A 1% Drop In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.51% for the last 21 sessions. At 21:07 EST on Monday, 6 November, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 3.52% up from its 52-week low and 2.064% 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 0.03%, a negative 0.02%, and a positive 0.21%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.17% (last week), 0.16% (last month), and 0.21% (last quarter), respectively.

News about

  • Eur/usd May slip back below 1.0700 rather than push higher to 1.0800 – ING. According to FXStreet on Monday, 6 November, "From a EUR/USD perspective, this is especially true considering that Euro idiosyncratic support has been scarce, and unlikely to pick up anytime soon in our view.", "With no key US activity data this week, EUR/USD may slip back below 1.0700 rather than push higher to 1.0800."
  • Eur/usd will tend to trade sideways this week – commerzbank. According to FXStreet on Monday, 6 November, "Due to a lack of new information on central bank policy, EUR/USD will tend to trade sideways this week."

More news about GBP/EUR (GBPEUR).

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