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GBP/EUR Bullish Momentum: 0.89% Up In The Last 5 Sessions

ViaNews Editorial Team

February 27, 2023

GBP/EUR Bullish Momentum: 0.89% Up In The Last 5 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.89% for the last 5 sessions. At 14:08 EST on Monday, 27 February, GBP/EUR (GBPEUR) is $1.14.

GBP/EUR's yearly highs and lows, it's 5.133% up from its 52-week low and 6.728% 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 0.11%, a negative 0.05%, and a positive 0.31%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.28% (last week), 0.33% (last month), and 0.31% (last quarter), respectively.

News about

  • Eur/usd skates on thin ice around 1.0550 amid hawkish ECB talks, higher fed rate concerns. According to FXStreet on Monday, 27 February, "To sum up, a battle between the hawks of the ECB and the Fed keeps the EUR/USD on the dicey floor. ", "It should be noted that the previous weekly releases of the Eurozone inflation numbers have also tried to recall the EUR/USD buyers. "
  • Eur/usd forex signal: king dollar reigns supreme - 27 February 2023. According to DailyForex on Monday, 27 February, "The EUR/USD exchange rate continued plunging after the red-hot American consumer inflation that pushed the dollar index to the highest point in two months. ", "The EUR/USD exchange rate continued its bearish trend after the strong inflation data. "
  • Eur/usd bears flex muscles above 1.0500 ahead of US durable goods orders. According to FXStreet on Monday, 27 February, "Moving ahead, the start of the U.N. Human Rights Council session in Geneva becomes crucial for the EUR/USD pair watchers ahead of the US Durable Goods Orders for January, expected -4.0% versus 5.6% prior. ", "An 11-week-old ascending support line joins the 200-bar Exponential Moving Average (EMA) to highlight the 1.0540-30 as the key support for the EUR/USD bears to watch during the quote's further downside. "
  • Eur/usd price analysis: looks set for a breakdown below 1.0540. According to FXStreet on Monday, 27 February, "The EUR/USD pair is displaying a lackluster performance around 1.0550 in the Asian session. "

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.

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