(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.74% for the last 21 sessions. At 02:10 EST on Monday, 29 January, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 5.244% up from its 52-week low and 0.433% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.08%, 0.09%, and 0.17%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.09% (last week), 0.16% (last month), and 0.17% (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 weekly forecast: incremental trend lower persists as traders fret – 28 January 2024. According to DailyForex on Sunday, 28 January, "Speculators should not be surprised if the EUR/USD touches the 1.08100 to 1.07950 marks below as lower support levels.", "Volatility will certainly be seen this Wednesday and the question is where support levels will hold as the price range of the EUR/USD widens before the Fed’s rhetoric."
- Eur/usd remains under pressure below 1.0850, German GDP data eyed. According to FXStreet on Monday, 29 January, "This, in turn, might exert some selling on the Euro (EUR) and act as a headwind for the EUR/USD pair."
- Eur/usd price analysis: inches lower to 1.0840 followed by the monthly low. According to FXStreet on Monday, 29 January, "The significant level at 1.0850 may act as immediate resistance for the EUR/USD pair. ", "The 14-day Relative Strength Index (RSI) for the EUR/USD pair lies below the 50 mark, indicating a bearish momentum in the market. "
More news about GBP/EUR (GBPEUR).
