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GBP/EUR Over 1% Down In The Last 21 Sessions

ViaNews Editorial Team

November 10, 2023

GBP/EUR Over 1% Down In The Last 21 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.78% for the last 21 sessions. At 04:06 EST on Friday, 10 November, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR's yearly highs and lows, it's 2.838% up from its 52-week low and 2.71% 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 0.01%, and a positive 0.21%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.23% (last week), 0.17% (last month), and 0.21% (last quarter), respectively.

News about

  • Eur/usd: fresh 2023 lows prior to year-end – CIBC. According to FXStreet on Wednesday, 8 November, "With significant negativity already priced for Europe, further EUR/USD weakness will come from the USD leg, economists at CIBC Capital Markets report.", "Although real money players may have almost halved EUR holdings from early August highs a further consolidation underlines the presumption of fresh 2023 EUR/USD lows prior to year-end."
  • Eur/usd forex signal: falling on stronger dollar - 08 November 2023. According to DailyForex on Wednesday, 8 November, "My previous EUR/USD signal on 23rd October was not triggered as there were no reversals when any of the key support or resistance levels were first reached.", "In my previous analysis of the EUR/USD currency pair, I wrote that we were likely to see a continuing consolidation today, meaning that all the support and resistance levels were quite likely to hold. "
  • Eur/usd technical analysis: the tendency returns to the downside - 08 November 2023. According to DailyForex on Wednesday, 8 November, "The EUR/USD pair has recently risen, breaking through the resistance level of 1.0665 and reaching a high of 1.0758 before pulling back from its gains. ", "Thus, if any of the Fibonacci support levels hold, the EUR/USD could resume its climb to a higher high or higher. "
  • According to FXStreet on Wednesday, 8 November, "The Euro (EUR) remains on the defensiveagainst the US Dollar (USD), forcing EUR/USD to retreat further and print new weekly lows in the1.0660 zone, where some initial contention emerged so faron Wednesday.", "The continuation of the selling pressure could force EUR/USD to initially revisit the weekly low of 1.0495 (October 13), ahead of the 2023 bottom at 1.0448 (October 15) and the round number of 1.0400."

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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