(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.54% for the last 21 sessions. At 10:10 EST on Thursday, 18 May, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR's yearly highs and lows, it's 6.566% up from its 52-week low and 3.887% down from its 52-week high.
Volatility
GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.04%, 0.14%, and 0.27%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.26% (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, GBP/EUR's Forex is considered to be oversold (<=20).
News about
- Eur/usd bulls eye 1.0900 amid US default woes ahead of eurozone gdp, US retail sales. According to FXStreet on Tuesday, 16 May, "Above all, the US policymakers' ability to offer a positive surprise to the markets, via either a strong solution to avoid the default or a basic guide to extend the debt ceiling, becomes needed for the EUR/USD bulls.", "Looking ahead, the likely unimpressive Eurozone Q1 GDP prints of 0.1% QoQ and 1.3% YoY can entertain EUR/USD traders on posting any positive surprise, which is more likely. "
- Ecb: one or two more increases probably not enough to set new highs for eur/usd of about 1.11 – socgen. According to FXStreet on Tuesday, 16 May, "Economists at Société Générale do not expect the EUR/USD pair to reach new highs.", "One or two more increases probably won't be enough to set pulses racing about new highs for the EUR/USD of about 1.11."
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