(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1% for the last 10 sessions. At 20:07 EST on Tuesday, 28 February, GBP/EUR (GBPEUR) is $1.14.
GBP/EUR’s yearly highs and lows, it’s 5.151% up from its 52-week low and 6.712% 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 0.11%, a negative 0.05%, and a positive 0.31%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.28% (last week), 0.33% (last month), and 0.31% (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 finds some respite near 1.0530, looks at data. According to FXStreet on Monday, 27 February, "Following an initial drop to the 1.0530 region, or 8-week lows, EUR/USD manages to regain some buying interest and advances to the 1.0560 area at the beginning of the week.", "Price action around EUR/USD remains depressed so far, although the pair seems to have met some motivation after bottoming out in the 1.0535/30 band earlier on Monday."
- Eur/usd price analysis: looks set for a breakdown below 1.0540. According to FXStreet on Monday, 27 February, "The EUR/USD pair is displaying a lackluster performance around 1.0550 in the Asian session. "
- Eur/usd to move lower, usd/jpy risks lean higher – TDS. According to FXStreet on Monday, 27 February, "Failure to hold this resistance will likely need a break of 1.05 in EUR/USD and a push higher in terminal rate expectations (note that both broad USD variation and US/JP 1y1y OIS are solid drivers for USD/JPY)."
- Eur/usd bears flex muscles above 1.0500 ahead of US durable goods orders. According to FXStreet on Monday, 27 February, "Moving ahead, the start of the U.N. Human Rights Council session in Geneva becomes crucial for the EUR/USD pair watchers ahead of the US Durable Goods Orders for January, expected -4.0% versus 5.6% prior. ", "An 11-week-old ascending support line joins the 200-bar Exponential Moving Average (EMA) to highlight the 1.0540-30 as the key support for the EUR/USD bears to watch during the quote’s further downside. "
More news about GBP/EUR (GBPEUR).
