(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.89% for the last 5 sessions. At 22:06 EST on Tuesday, 14 February, GBP/EUR (GBPEUR) is $1.13.
GBP/EUR’s yearly highs and lows, it’s 4.781% up from its 52-week low and 7.04% 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 0.17%, a negative 0.01%, and a positive 0.32%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.17% (last week), 0.36% (last month), and 0.32% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GBP/EUR’s Forex is considered to be oversold (<=20).
News about
- Eur/usd near-term focus on the downside towards a retest of the 1.05/1.06 range – scotiabank. According to FXStreet on Monday, 13 February, "Economists at Scotiabank expect the EUR/USD to head lower towards the 1.05/06 region."
- Eur/usd price analysis: sellers attack 1.0660 key support at monthly low. According to FXStreet on Monday, 13 February, "Following that, a two-month-old ascending resistance line near 1.0800 becomes crucial for the EUR/USD buyers.", "Hence, the quote is all set to conquer the immediate 1.0660 support, which in turn pens the south-run towards the 50% and 61.8% Fibonacci retracement level of the EUR/USD run-up from November 2022 to February 2023, respectively near 1.0630 and 1.0530."
- Eur/usd forex signal: double bottom slowly forms – 13 February 2023. According to DailyForex on Monday, 13 February, "The EUR/USD continued pulling back as the US dollar index (DXY) strength gained steam. ", "Meanwhile, from Europe, the EUR/USD pair will react to the upcoming statement by Christine Lagarde of the European Central Bank (ECB) on Wednesday. "
- Eur/usd could test the 1.0500 support on a strong US CPI read – ING. According to FXStreet on Monday, 13 February, "Economists at ING expect the EUR/USD to test 1.05 support on a strong US Consumer Price Index (CPI) report.", "Our medium-term view is still one of EUR/USD appreciation over the course of 2023, but we don’t see clear drivers for a EUR/USD rebound this week, especially from the eurozone side."
- Eur/usd to rise to 1.10 by Q2 – deutsche bank. According to FXStreet on Monday, 13 February, "Economists at Deutsche Bank expect the EUR/USD and GBP/USD pairs to climb towards 1.10 and 1.25 by Q2, respectively.", "There is scope for the EUR/USD to catch-up to favourable energy and monetary policy developments and reach 1.10 by Q2."
More news about GBP/EUR (GBPEUR).
