(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.84% for the last 5 sessions. At 20:07 EST on Wednesday, 5 July, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 8.212% up from its 52-week low and 2.402% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.21%, 0.06%, and 0.25%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.39% (last week), 0.28% (last month), and 0.25% (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: euro slips to 1.0900 on Monday’s doji, downbeat MACD signals. According to FXStreet on Tuesday, 4 July, "In a case where the EUR/USD remains bearish past 1.0865, Friday’s bottom of 1.0835 can act as the final defense of the Euro bulls.", "With this, the EUR/USD price appears well-set to prod a five-week-old rising support line, near 1.0870. "
- Eur/usd trades with a mild positive amid subdued USD demand, remains below 1.0900. According to FXStreet on Wednesday, 5 July, "This, in turn, is seen as a key factor that continues to lend some support to the shared currency, which, along with subdued US Dollar (USD) price action, provides a modest boost to the EUR/USD pair.", "The EUR/USD pair attracts some buying during the Asian session on Wednesday and recovers a part of the previous day’s modest losses. "
- Eur/usd forex signal: selling off from resistance area above $1.0920 – 04 July 2023. According to DailyForex on Tuesday, 4 July, "My previous EUR/USD signal on 26th June was not triggered, as the bullish price action took place a bit below the support level identified at $1.0899.", "In my previous analysis of the EUR/USD currency pair on Monday last week, I wrote that the technical picture had become bullish, but also that as the support level at $1.0899 was very confluent with a round number, there could be a long scalping opportunity here, but the price was unlikely to move much."
- Eur/usd corrects to near 1.0900 as focus shifts to FOMC minutes and eurozone retail sales. According to FXStreet on Tuesday, 4 July, "The EUR/USD pair has corrected to near the round-level cushion of 1.0900 in the late Asian session. "
- Eur/usd technical analysis: moving in narrow ranges – 04 July 2023. According to DailyForex on Tuesday, 4 July, "I expect the EUR/USD to continue moving in narrow ranges until the markets and investors react to the announcement of the contents of the minutes of the last meeting of the Federal Reserve Bank, and then the US job numbers.", " rates suggest EUR/USD selling at 1.05 - and the stock market is arguing buying EUR/USD at 1.10," says Jordan Rochester, forex analyst at Bank Nomura. "
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