(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.55% for the last 21 sessions. At 04:08 EST on Tuesday, 30 May, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 6.89% up from its 52-week low and 3.595% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.07%, 0.14%, and 0.25%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.26% (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
- According to FXStreet on Sunday, 28 May, "With this, the EUR/USD retreats towards 1.0700 at the latest, falling towards the 10-week low marked the previous day."
- Eur/usd retreats towards 1.0700 despite initial US debt ceiling deal, US nfp, eurozone inflation eyed. According to FXStreet on Sunday, 28 May, "Friday’s Doji candlestick above the 200-day Exponential Moving Average (EMA), around 1.0685 by the press time, tests EUR/USD bears. ", "Apart from the US debt ceiling fears, upbeat US data and comments from the International Monetary Fund Managing (IMF) Director Kristalina Georgieva also prod the EUR/USD bulls, not to forget mixed statements from the European Central Bank (ECB) Officials."
- Eur/usd forex signal: bearish forecast as sell-off intensifies – 29 May 2023. According to DailyForex on Monday, 29 May, "The other important EUR/USD news of the week will be the latest non-farm payrolls (NFP) data scheduled for Friday. ", "The EUR/USD exchange rate has been in a bearish trend after peaking at 1.1095 in April. "
- Eur/usd trades without direction near 1.0720. According to FXStreet on Monday, 29 May, "A pretty quiet start of the new trading week sees EUR/USD wobbling around the 1.0720/30 region so far.", "After bottoming out in multi-week lows just pips above the key 1.0700 mark on Friday, EUR/USD manages to regain some composure and navigates the low-1.0700s on Monday on the back of the generalized lack of direction in the global markets."
More news about GBP/EUR (GBPEUR).
