(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.27% for the last 10 sessions. At 21:12 EST on Tuesday, 11 July, GBP/EUR (GBPEUR) is $1.18.
GBP/EUR’s yearly highs and lows, it’s 8.675% up from its 52-week low and 1.985% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.06%, 0.04%, and 0.25%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.17% (last week), 0.27% (last month), and 0.25% (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: the next move higher will be to the upside – MUFG. According to FXStreet on Monday, 10 July, "The EUR is proving resilient in the near term to the disappointing economic data flow from the Eurozone with EUR/USD continuing to trade towards the top of this year’s range between 1.0500 and 1.1000. "
- Eur/usd: greater risk of some pull-back towards 1.08 rather than trading sustainably above 1.10 – ING. According to FXStreet on Monday, 10 July, "We expect mostly USD-driven moves in EUR/USD this week, and see a greater risk of some pull-back towards 1.0800 rather than trading sustainably above 1.1000 - which could however be possible should US CPI surprise on the soft side."
- According to FXStreet on Monday, 10 July, "The recent price action in EUR/USD allows for extra gains in the short-term horizon.", "After the release of the June Nonfarm Payrolls, the Euro (EUR) faced some selling pressure, causing EUR/USD to retreat towards 1.0950 at the beginning of the week."
More news about GBP/EUR (GBPEUR).
