(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.81% for the last 5 sessions. At 07:07 EST on Thursday, 23 February, GBP/EUR (GBPEUR) is $1.13.
GBP/EUR’s yearly highs and lows, it’s 4.948% up from its 52-week low and 6.892% 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 price analysis: bears approach 11-week-old support line near 1.0620. According to FXStreet on Tuesday, 21 February, "As a result, the EUR/USD bears are well-set to revisit an upward-sloping support line from early December, close to 1.0620 by the press time.", "In a case where the EUR/USD pair remains firmer past 1.0805, the odds of witnessing a run-up towards the 1.1000 psychological magnet and then to the monthly high near 1.1035 can’t be ruled out."
- Eur/usd: positive PMI surveys to propel euro back to the 1.0750-1.0800 range – ING. According to FXStreet on Tuesday, 21 February, "Instability in global risk appetite today may delay the beneficial effects on EUR/USD today, but we still see the balance of risks tilted to the upside for EUR/USD in the coming days, and a return to the 1.0750-1.0800 range seems possible."
- Eur/usd forecast: euro continues to consolidate near support – 21 February 2023. According to DailyForex on Tuesday, 21 February, "On Monday’s trading session, the EUR/USD currency pair did very little, and there is a lot of hesitation around the 50-Day EMA. "
- Eur/usd drops to near 1.0660 as risk-off impulse solidifies ahead of eurozone ZEW survey. According to FXStreet on Tuesday, 21 February, "The EUR/USD pair has slipped to near 1.0660 in the Asian session as the risk appetite of the market participants has trimmed ahead of the global PMI figures. "
More news about GBP/EUR (GBPEUR).
