Market Analysis - Overbalance Series: EURGBP, GBPJPY, EURNZD (17.02.2026)
Forex Market Overview
The forex market is currently witnessing notable movements in the currency pairs EUR/GBP, GBP/JPY, and EUR/NZD as of February 17, 2026. Below are the latest quotes and percentage changes for these pairs:
- EUR/GBP: 0.87343 (+0.49%)
- GBP/JPY: 207.284 (-0.91%)
- EUR/NZD: 1.96182 (-0.12%)
EUR/GBP Analysis
The EUR/GBP currency pair has been on a downward trend for an extended period. However, a significant shift occurred at the beginning of February, indicating a potential change in market dynamics. The analysis suggests that a 1:1 downward pattern was observed, which may signal a reversal or a continuation of the trend depending on upcoming market conditions.
GBP/JPY and EUR/NZD Insights
In contrast, the GBP/JPY pair has experienced a decline of 0.91%, reflecting bearish sentiment in the market. Meanwhile, the EUR/NZD pair has shown a slight decrease of 0.12%, indicating relative stability compared to the other pairs. Traders are advised to monitor these pairs closely for any signs of volatility or trend reversals.