GBP/USD Bearish Momentum With A 2% Fall In The Last 21 Sessions

(VIANEWS) – GBP/USD (GBPUSD) has been up by 2.16% for the last 21 sessions. At 02:06 EST on Monday, 9 October, GBP/USD (GBPUSD) is $1.22.

GBP/USD’s yearly highs and lows, it’s 11.743% up from its 52-week low and 7.099% down from its 52-week high.

Volatility

GBP/USD’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.03%, a negative 0.12%, and a positive 0.34%, respectively.

GBP/USD’s highest amplitude of average volatility was 0.43% (last week), 0.31% (last month), and 0.34% (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).

Previous days news about GBP/USD (GBPUSD)

  • Pound sterling price news and forecast: gbp/usd surges above 1.2200. According to FXStreet on Saturday, 7 October, "Although September’sNonfarm Payrollsreport was positive, the GBP/USD recovered after reaching multi-month lows of 1.2037 and has risen more than 1.70% towards 1.2240s. "

More news about GBP/USD (GBPUSD).

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