(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.18% for the last 10 sessions. At 15:11 EST on Sunday, 23 July, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 6.816% up from its 52-week low and 3.662% 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 negative 0.24%, a negative 0.03%, and a positive 0.26%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.28% (last week), 0.29% (last month), and 0.26% (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 overbought (>=80).
News about
- Eur/usd holds steady around 1.1135-40 area, just above one-week low set on Thursday. According to FXStreet on Friday, 21 July, "The US Dollar (USD) is seen consolidating the overngith strong gains led by the upbeat US Jobless Claims data and turning out to be a key factor acting as a tailwind for the EUR/USD pair. ", "Nevertheless, the EUR/USD pair remains on track to register weekly losses and remains at the mercy of the USD price dynamics in the absence of any relevant market moving economic relesaes, either from the Euro Zone or the US."
- Eur/usd price analysis: euro flirts with support-turned-resistance near 1.1150 as ecb, fed verdicts loom. According to FXStreet on Friday, 21 July, "Even so, the 10-day Exponential Moving Average (EMA) restricts the immediate downside of the EUR/USD pair near the 1.1130 level, especially amid the firmer RSI (14) line, not overbought.", "Following that, multiple levels near 1.1200 and 1.1230 can prod the EUR/USD bulls before directing it to the 1.1280 resistance area comprising technical swings marked during late 2021 and early 2022."
- Eur/usd could drift down to support at 1.1100/1115 – ING. According to FXStreet on Friday, 21 July, "Back to today, EUR/USD could drift down to support at 1.1100/1115 but that may well be the lower end of the range heading into next week’s central bank meetings.", "Both of these variables have to change if the EUR/USD is to embark on a big cyclical rally."
- Eur/usd could dip back towards the 1.1050 area on the fed event risk – ING. According to FXStreet on Friday, 21 July, "Clearly, fireworks are not expected, but EUR/USD could dip back towards the 1.1050 area on the Fed event risk."
- Eur/usd: weekly forecast 23rd July – 29th July – 23 July 2023. According to DailyForex on Sunday, 23 July, "However, after reaching this apex long-term high early last week, the EUR/USD also mirrored broad Forex conditions and started to produce a rather fast sell-off which escalated as the weekend approached. ", "The fast selling of the EUR/USD mirrored the broad Forex market, but the currency pair remains rather healthy and within the higher elements of its mid and long-term price ranges. "
More news about GBP/EUR (GBPEUR).
