(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.53% for the last 21 sessions. At 23:07 EST on Thursday, 18 May, EUR/GBP (EURGBP) is $0.87.
EUR/GBP’s yearly highs and lows, it’s 4.089% up from its 52-week low and 6.009% 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 0.10%, a negative 0.14%, and a positive 0.27%, respectively.
EUR/GBP’s highest amplitude of average volatility was 0.20% (last week), 0.26% (last month), and 0.27% (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 rebound approaches 1.0900 as US default fears recede. According to FXStreet on Wednesday, 17 May, "It’s worth noting, however, that the recently hawkish Federal Reserve (Fed) talks and upbeat US data contrast with softer Eurozone statistics to prod the EUR/USD bulls.", "Despite the latest recovery, EUR/USD justifies the previous day’s downside break of a weekly bullish channel, as well as the bearish MACD signals, amid a nearly oversold RSI (14) line. "
- Eur/usd drops to multi-week lows near 1.0830 on stronger dollar, risk aversion. According to FXStreet on Wednesday, 17 May, "Sellers remain in control of the sentiment around the European currency - and the risk complex in general - and now drag EUR/USD to new lows in the vicinity of 1.0830 on Wednesday.", "The persevering risk aversion continues to underpin investors’ preference for the greenback and keeps EUR/USD on the defensive for the second consecutive week so far on Wednesday."
- Eur/usd forex signal: sets for a smooth bearish ride – 17 May 2023. According to DailyForex on Wednesday, 17 May, "The EUR/USD pair retreated and has been in a strong bearish trend in the past few days. ", "The EUR/USD pair will react to the latest European consumer price index (CPI) data. "
- Eur/usd: well-supported towards year-end as ECB not expected to cut rates – commerzbank. According to FXStreet on Wednesday, 17 May, "As long as this is the case, while the Fed is cutting, it still seems plausible to us to bet on well-supported EUR/USD levels towards the end of the year."
More news about EUR/GBP (EURGBP).
