(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.8386% for the last session's close. At 09:08 EST on Tuesday, 21 March, GBP/EUR (GBPEUR) is $1.14.
GBP/EUR (GBPEUR) Range
Concerning GBP/EUR's daily highs and lows, it's 0.447% down from its trailing 24 hours low of $1.14 and 0.899% down from its trailing 24 hours high of $1.15.
GBP/EUR's yearly highs and lows, it's 4.985% up from its 52-week low and 6.321% down from its 52-week high.
Volatility
GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.14%, 0.07%, and 0.32%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.24% (last week), 0.32% (last month), and 0.32% (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 to head lower toward 1.02 over the coming months – danske bank. According to FXStreet on Monday, 20 March, "Economists at Danske Bank maintain their strategic case for a lower EUR/USD and thus keep their downward sloping profile forecasting the pair at 1.02 in six-to-twelve months.", "We have long argued the strategic case for a lower EUR/USD based on relative terms of trade, real rates (growth prospects) and relative unit labour costs."
- According to FXStreet on Monday, 20 March, "Amid a renewed risk-aversion wave, EUR/USD is erasing early gains to trade flat at 1.0660, as of writing."
- According to FXStreet on Monday, 20 March, "An unlikely 50 bps hike would be very bullish for the Dollar - and EUR/USD could well trade under big support at 1.05 on the news."
- Eur/usd bulls struggle above 1.0650 as yields propel US dollar, ecb’s lagarde, fed in focus. According to FXStreet on Monday, 20 March, "Moving ahead, EUR/USD traders should pay attention to ECB President Lagarde's speech for immediate directions. ", "A daily closing beyond the 50-DMA hurdle surrounding 1.0730 becomes necessary for the EUR/USD bull's conviction. "
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