(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.96% for the last 21 sessions. At 06:11 EST on Friday, 23 June, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 8.314% up from its 52-week low and 2.31% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.07%, a positive 0.06%, and a positive 0.23%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.29% (last week), 0.25% (last month), and 0.23% (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 overbought (>=80).
News about
- Eur/usd price analysis: euro retreats towards 1.0900 within bull flag as fed, ECB talks eyed. According to FXStreet on Wednesday, 21 June, "Even if the Euro bears conquer the 1.0875 support and defy the bullish chart formation, the 200-Hour Moving Average (HMA) of near 1.0845 will act as the final defense of the EUR/USD bulls.", "Apart from the bullish chart formation and the below 50 levels of the RSI (14) line, the cautious mood ahead of speeches from multiple European Central Bank (ECB) and the Federal Reserve (Fed) officials also prods the EUR/USD bears of late. "
- Eur/usd snaps losing streak amid fed powell’s testimony, broad USD weakness. According to FXStreet on Wednesday, 21 June, "At the time of writing, the EUR/USD exchanges hands at 1.0961 after bouncing from 1.0905 lows.", "The EUR/USD remains trading sideways after dipping from year-to-date (YTD) highs reached on April 25 at 1.1095, towards the 1.0630s area. "
- Eur/usd technical analysis: heading higher on short timeframes – 21 June 2023. According to DailyForex on Wednesday, 21 June, "The gains of the recent bullish rebound for the EUR/USD currency pair extended to the 1.0970 resistance level, before settling around 1.0915 at the time of writing.", "The RSI is also on a middle ground to hint that EUR/USD may be range bound for the time being."
- Eur/usd forex signal: approaching long-term high above $1.10 – 22 June 2023. According to DailyForex on Thursday, 22 June, "My previous EUR/USD signal on 13th June was not triggered, as there was no bearish price action when the price first reached the resistance level identified at $1.0796.", "In my previous analysis of the EUR/USD currency pair, I said that if the price could get established above the resistance level at $1.0796 after the London open, say with two consecutive higher hourly closes, that will suggest a further upwards move is likely to happen, with the price likely to reach $1.0835 quite quickly."
More news about GBP/EUR (GBPEUR).
