GBP/USD Went Down By Over 1% In The Last 21 Sessions

(VIANEWS) – GBP/USD (GBPUSD) has been up by 1.81% for the last 21 sessions. At 02:07 EST on Monday, 16 October, GBP/USD (GBPUSD) is $1.22.

GBP/USD’s yearly highs and lows, it’s 9.96% up from its 52-week low and 7.427% 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 negative 0.14%, a negative 0.12%, and a positive 0.33%, respectively.

GBP/USD’s highest amplitude of average volatility was 0.41% (last week), 0.36% (last month), and 0.33% (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 overbought (>=80).

Previous days news about GBP/USD (GBPUSD)

  • Gbp/usd extends backslide for Friday, aimed for 1.21. According to FXStreet on Saturday, 14 October, "The GBP/USD rose steadily through the first half of the trading week, marking in a high of 1.2337, but gains were to be short-lived after Thursday’s US inflation-fueled broad-market dog-pile back into the US Dollar, sending the GBP/USD back into the red for the week.", "Daily candles likewise show the GBP/USD trapped firmly in bear territory, with 2023’s low bids sitting nearby at 1.1802. "

More news about GBP/USD (GBPUSD).

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