2024-04-16 Pound Sterling News
2024-04-15
Summary of Last Month
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
The provided data is a time series of GBP exchange rates at specific times. In this analysis, the data is analyzed based on your goals and without considering specific events, external factors, or forecasting future rates.Overall Trend of Exchange Rates
From the provided dataset, the GBP exchange rates don't seem to follow a specific increasing or decreasing trend within the scope of the data. The exchange rates fluctuate throughout the period, indicating a potentially volatile foreign exchange market. However, more data would be required to accurately determine the overall trend beyond the scope of this particular dataset.
Seasonality or Recurring Patterns
In time-series data related to exchange rates, seasonality is typically observed over longer periods, such as quarters or years. Given the short duration of the provided dataset (less than one day), detecting seasonality or recurring patterns at this scale would be challenging. The data does not appear to exhibit any noticeable patterns within this timeframe. However, further analysis over a longer timeframe would be needed to accurately identify any possible seasonality or recurring patterns.
Outliers in the Exchange Rate
Observing the provided data, it is noticeable that the fluctuation in exchange rates falls within a specific range for the given timeframe, with no significant divergence. Without a statistical analysis, it wouldn't be appropriate to categorize any data point as an outlier. In general, outliers in exchange rates could be due to various external factors such as geopolitical events, economic announcements, market speculation, etc. Nonetheless, based on the given information within this timeframe, we cannot identify any outliers strictly.
Note that this analysis has been performed without considering the potential impact of specific events and external factors, as per your requirement. Comprehensive analysis that would consider other factors, events and longer time periods can potentially provide more accurate interpretations.