(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.66% for the last 21 sessions. At 09:10 EST on Thursday, 12 September, GBP/EUR (GBPEUR) is $1.18.
GBP/EUR’s yearly highs and lows, it’s 3.787% up from its 52-week low and 0.738% 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 0.03%, a positive 0.05%, and a positive 0.19%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.13% (last week), 0.18% (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 overbought (>=80).
News about
- According to FXStreet on Tuesday, 10 September, "Therefore, the market will probably quickly shift its focus to the ECB meeting on Thursday and trade EUR/USD sideways for the time being."
- Eur/usd hangs near multi-month low, defends 1.1000 mark ahead of ECB meeting. According to FXStreet on Thursday, 12 September, "This, in turn, undermines the shared currency and acts as a headwind for the EUR/USD pair amid a modest US Dollar (USD) strength.", "Apart from this, the release of the US Producer Price Index (PPI) might provide a fresh impetus to the EUR/USD pair and produce some meaningful trading opportunities later during the North American session."
- According to FXStreet on Tuesday, 10 September, "In the meantime, EUR/USD is treading water ahead of Thursday’s ECB meeting. "
- Eur/usd edges lower after US CPI data, ecb’s decision looms. According to FXStreet on Wednesday, 11 September, "The EUR/USD is neutrally biased, though it remains above the 1.1000 figure, which is ahead of the ECB’s decision. ", "The EUR/USD decline was capped by the European Central Bank (ECB) monetary policy decision looming, as the pair touched a daily low of 1.1001, bouncing immediately toward the 1.1010-1.1020 area."
- According to FXStreet on Wednesday, 11 September, "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "EUR/USD’s near-term technical picture highlights a lack of buyer interest. "
More news about GBP/EUR (GBPEUR).
