(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.81% for the last 5 sessions. At 23:08 EST on Sunday, 12 November, GBP/EUR (GBPEUR) is $1.14.
GBP/EUR’s yearly highs and lows, it’s 2.685% up from its 52-week low and 2.854% 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 negative 0.04%, and a positive 0.21%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.23% (last week), 0.18% (last month), and 0.21% (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 could feel a bit more pressure – ING. According to FXStreet on Friday, 10 November, "The EUR/USD 2-year swap rate differential has rewidened after Thursday’s events and is now close to the 136 bps pre-FOMC low."
- Eur/usd to recover moderately in 2024 – commerzbank. According to FXStreet on Friday, 10 November, "Economists at Commerzbank expect the EUR/USD pair to regain some ground next year.", "We expect the EUR/USD exchange rate to recover moderately in 2024 (year-end forecast 2024: 1.09). "
- Eur/usd flirts with weekly low, manages to hold above mid-1.0600s ahead of ecb’s lagarde. According to FXStreet on Friday, 10 November, "Apart from this, the US bond yields and the broader risk sentiment might influence the USD price dynamics, which, in turn, should produce short-term trading opportunities around the EUR/USD pair.", "The US Dollar (USD) stands tall near a one-week high touched on Thursday in reaction to hawkish remarks by several FOMC members, including Federal Reserve (Fed) Chair Jerome Powell, and turns out to be a key factor weighing on the EUR/USD pair. "
- Eur/usd: weekly forecast 12th November – 18th November – 12 November 2023. According to DailyForex on Sunday, 12 November, "These two reports will be watched closely by investors and affect the EUR/USD in the middle of the week.", "If these support levels can prove they are not vulnerable, speculative influences in the EUR/USD may believe this is evidence that the reversal lower from the 1.07260 area on Thursday to fresh lows on Friday may prove to be solid target area for reversals upwards."
- Eur/usd price analysis: consolidates its losses above 1.0660 ahead of ecb’s lagarde speech. According to FXStreet on Friday, 10 November, "The EUR/USD pair consolidates its losses during the early European session on Friday. ", " Technically, the EUR/USD pair holds above the key 100-hour Exponential Moving Averages (EMA), suggesting the path of least resistance is to the upside. "
More news about GBP/EUR (GBPEUR).
