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GBP/EUR Over 1% Up In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.73% for the last 21 sessions. At 20:10 EST on Thursday, 25 May, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 6.215% up from its 52-week low and 4.204% 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 0.03%, a positive 0.14%, and a positive 0.26%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.14% (last week), 0.26% (last month), and 0.26% (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 forex signal: sits at a crucial support ahead of fed minutes – 24 May 2023. According to DailyForex on Wednesday, 24 May, "The EUR/USD pair dropped to an important support level ahead of the upcoming FOMC minutes. ", "The EUR/USD pair will also react to the debt ceiling issue.EUR/USD technical analysis"
  • Eur/usd price analysis: renews two-month low near 1.0750, multi-month-old support eyed. According to FXStreet on Wednesday, 24 May, "As a result, the EUR/USD bears are well set to break the 1.0750 support and approach the 1.0700 round figure. ", "On the other hand, a daily closing beyond the 100-DMA level of 1.0815 isn’t an open welcome for the EUR/USD bulls as the previous support line from September 2022, around 1.0920 at the latest, holds the key for the buyer’s entry."
  • When are the FOMC minutes, and how could it affect eur/usd?. According to FXStreet on Wednesday, 24 May, "On the other hand, if minutes lean dovish, the EUR/USD pair could reclaim the 1.0800 and pare some of its weekly losses.", "Nevertheless, the divergence between central banks, with the European Central Bank (ECB) expected to raise rates twice for the foreseeable future while the Fed appears to have peaked, might keep the EUR/USD afloat before testing lower price levels, like the 200-day Exponential Moving Average (EMA) at 1.0683."

More news about GBP/EUR (GBPEUR).

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