(VIANEWS) – GBP/USD (GBPUSD) has been up by 3.69% for the last 21 sessions. At 10:07 EST on Monday, 27 November, GBP/USD (GBPUSD) is $1.26.
GBP/USD’s yearly highs and lows, it’s 6.817% up from its 52-week low and 4.025% down from its 52-week high.
Volatility
GBP/USD’s last week, last month’s, and last quarter’s current intraday variation average was 0.16%, 0.16%, and 0.36%, respectively.
GBP/USD’s highest amplitude of average volatility was 0.37% (last week), 0.43% (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/USD’s Forex is considered to be oversold (<=20).
News about
- Eur/usd: weekly forecast 26th November – 2nd December – 26 November 2023. According to DailyForex on Sunday, 26 November, "Bullish traders may get tested early this week, but if the EUR/USD sustains the 1.09000 to 1.08800 price range as support, this could ignite more buying sentiment to emerge. ", "Yes, the EUR/USD then started to incrementally selloff and hit a low on Wednesday, but the ability of the currency pair to climb higher as light trading took over shows that behavioral sentiment likely believes the EUR/USD had been oversold. "
- Eur/usd remains capped below 1.0950, eyes on eurozone inflation, US GDP data. According to FXStreet on Monday, 27 November, "The downside risks to growth in Germany, Europe’s largest economy might exert some selling pressure on the Euro (EUR) and act as a headwind for the EUR/USD pair. "
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