(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.92% for the last 10 sessions. At 21:09 EST on Friday, 1 December, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 4.688% up from its 52-week low and 0.96% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.16%, 0.03%, and 0.19%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.16% (last week), 0.20% (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 remains capped under the 1.1000 mark, eurozone hicp, US PCE eyed. According to FXStreet on Thursday, 30 November, "The EUR/USD pair struggles to gain ground above 1.1000 during the early Asian trading hours on Thursday. "
- Eur/usd: 1.0965-1.1065 could well be the holding pattern into Thursday's US PCE inflation data – ING. According to FXStreet on Wednesday, 29 November, "Unless we see massive upside revisions to 3Q23 US GDP data today, we doubt EUR/USD needs to come a lot lower."
- Eur/usd slipping back as the 1.1000 handle begins to look more like a ceiling that a goal. According to FXStreet on Wednesday, 29 November, "The EUR/USD captured the 1.1000 major handle on Tuesday, but Euro (EUR) bidders couldn’t maintain bullish momentum against the US Dollar (USD), and the pair fell back below the major handle to churn between 1.0990 and 1.0960 in Wednesday’s trading session.", "The EUR/USD has been on a steady climb ever since the Euro crashed through the 200-day Simple Moving Average (SMA) near 1.0800, and the pair is running into technical resistance from the 1.1000 handle."
- According to FXStreet on Thursday, 30 November, "At the time of writing, the EUR/USD is dropping 0.05% on the day to trade at 1.0971."
- Eur/usd forex signal: head and shoulders pattern forms – 29 November 2023. According to DailyForex on Wednesday, 29 November, "The EUR/USD pair remarkable rally gained steam as the US dollar sell-off continued. ", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bearish viewSell the EUR/USD pair and set a take-profit at 1.0900."
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