(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.28% for the last 10 sessions. At 06:16 EST on Tuesday, 27 August, GBP/EUR (GBPEUR) is $1.18.
GBP/EUR’s yearly highs and lows, it’s 3.857% up from its 52-week low and 0.671% 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 0.15%, a negative 0.03%, and a positive 0.19%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.17% (last week), 0.27% (last month), and 0.19% (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 rises to near 1.1200 due to dovish fed’s powell. According to FXStreet on Monday, 26 August, "This upside of the EUR/USD pair is attributed to the lower US Dollar (USD) following the dovish speech from the US Federal Reserve (Fed) Chairman Jerome Powell at the Jackson Hole Symposium on Friday.", "Additionally, Rabobank’s Senior FX Strategist, Jane Foley, remarked on Friday that the EUR/USD pair is expected to trade at 1.1200 on a three-month horizon. "
- Eur/usd price forecast: the first upside barrier emerges above 1.1200, eyes on the overbought condition. According to FXStreet on Monday, 26 August, "This suggests that further consolidation cannotbe ruled outbefore positioning for any near-term EUR/USD appreciation. ", "However, the downside of EUR/USD might be limited as US Federal Reserve (Fed) Chair Powell gave a clear signal for a rate cut in September. "
- According to FXStreet on Monday, 26 August, "The Greenback’s mild rebound seems to have been enough to spark a corrective knee-jerk in EUR/USD to the 1.1150 zone at the beginning of the week. "
More news about GBP/EUR (GBPEUR).
