(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.29% for the last 10 sessions. At 17:12 EST on Sunday, 7 May, EUR/GBP (EURGBP) is $0.87.
EUR/GBP’s yearly highs and lows, it’s 4.52% up from its 52-week low and 5.619% down from its 52-week high.
Volatility
EUR/GBP’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.44%, a negative 0.07%, and a positive 0.28%, respectively.
EUR/GBP’s highest amplitude of average volatility was 0.44% (last week), 0.25% (last month), and 0.28% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/GBP’s Forex is considered to be overbought (>=80).
News about
- Eur/usd extends recovery above 1.1040 as USD index drops further, US NFP remains key. According to FXStreet on Friday, 5 May, "The EUR/USD pair has recovered firmly above1.1040in the Asian session as the US Dollar index (DXY) has resumed its downside journey. "
- According to FXStreet on Friday, 5 May, "Dhwani also outlines important technical levels to trade the EUR/USD pair: "On the upside, Euro buyers need acceptance above the recent range highs around 1.1090 to resume the uptrend Ahead of that, EUR/USD needs to find a strong foothold above the 1.1050 psychological mark. ", "In that scenario, the USD should gather strength heading into the weekend and cause EUR/USD to erase a portion of its weekly losses. "
- According to FXStreet on Friday, 5 May, "In the early European morning on Friday, EUR/USD was trading modestly higher on the day slightly below 1.1050. "
- Eur/usd: scope for higher levels of 1.14 until year-end – commerzbank. According to FXStreet on Friday, 5 May, "That is likely to put pressure on EUR, so we expect a fall in EUR/USD to 1.08 by year-end 2024.", "We have adjusted our EUR/USD projections and see scope for higher EUR/USD levels of 1.14 until year-end."
- Eur/usd forecast: drops after expected rate hike – 05 May 2023. According to DailyForex on Friday, 5 May, "It is important to note that the ECB’s decision to raise key interest rates has the potential to affect other currency pairs in addition to the EUR/USD pair. "
More news about EUR/GBP (EURGBP).
