(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.67% for the last 21 sessions. At 22:09 EST on Thursday, 25 January, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 5.262% up from its 52-week low and 0.416% 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 0.01%, a positive 0.07%, and a positive 0.18%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.20% (last week), 0.16% (last month), and 0.18% (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: moves lower to near 1.0880 followed by the 38.2% fibonacci level. According to FXStreet on Thursday, 25 January, "This configuration suggests that the short-term moving average is lagging behind the long-term moving average, signaling a potential bearish momentum in the EUR/USD pair.", "The lagging indicator Moving Average Convergence Divergence (MACD) for the EUR/USD pair indicates a potential confirmation of a downward trend. "
- Eur/usd forex signal: bullish “v” at $1.0822 – 24 January 2024. According to DailyForex on Wednesday, 24 January, "My previous EUR/USD signal on 22ndJanuarywas not triggered as there was insufficiently bullish price action when the support level at $1.0888 was first reached that day.", "In my previous analysis ofthe EUR/USD currency pairtwo days ago, I wrote that the price would probably not move much today, giving little trading opportunities except perhaps for scalpers."
- Eur/usd continues to drift in technical consolidation range near 1.0900. According to FXStreet on Wednesday, 24 January, "The EUR/USD saw a sharp rejection after climbing through the 200-hour Simple Moving Average (SMA) near 1.0895, peaking at a near-term intraday high above 1.0930 before getting forced back down and settling Wednesday near the familiar 1.0880 level.", "EUR/USD rose to a near-term high above 1.0930 on Wednesday after European Purchasing Managers’ Index (PMI) figures surprised to the upside on the manufacturing component, while a broad forecast beat for US PMI data soured market sentiment and sent the EUR/USD lower as investors second-guessed the day’s momentum and pulled back into the safe-haven US Dollar (USD), albeit slightly."
- According to FXStreet on Wednesday, 24 January, "The re-emergence of the appetite for the risk complex weighed on the Dollar and lifted EUR/USD past 1.0900. ", "In Europe, EUR/USD surpassed the 1.0900 hurdle and reached fresh multi-day highs, although the move fizzled out towards the end of the NA session. "
- Eur/usd rebounds into near-term median after US PMI surges above forecasts. According to FXStreet on Wednesday, 24 January, "A widening consolidation range is highlighting the increased volatility in the EUR/USD despite keeping the pair close to long-term support near 1.0850.", "The EUR/USD drove back into the high side near 1.0930 on Wednesday after markets shrugged off a miss for pan-European Purchasing Managers Index (PMI) figures before a follow-up beat in US PMIs sent risk appetite skidding back into the safe havens. "
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