(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.91% for the last 10 sessions. At 21:06 EST on Monday, 23 October, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR’s yearly highs and lows, it’s 3.098% up from its 52-week low and 2.464% 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 0.15%, a negative 0.03%, and a positive 0.22%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.23% (last week), 0.19% (last month), and 0.22% (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: remains capped below the 1.0600 mark, all eyes on ECB rate decision. According to FXStreet on Monday, 23 October, " From the technical perspective, the EUR/USD pair sticks to the range-bound theme on the four-hour chart. ", "The EUR/USD pair snaps a two-day winning streak during the early European session on Monday. "
- Eur/usd could retrace to 1.05 if bond differentials take the upper hand again – socgen. According to FXStreet on Monday, 23 October, "The widening in 10y UST/Bund spreads and the resilience of EUR/USD was one of the main stories in G10 FX last week, but we believe it is too soon to conclude that the pair has bottomed."
- Eur/usd rises amid escalating middle east conflict and lower US bond yields. According to FXStreet on Monday, 23 October, "With the EUR/USD reaching a new cycle high at around 1.0649, buyers would likely test in the near term the 1.07 handle, though they would face solid resistance at the 50-day moving average (DMA) at 1.0683. "
- According to FXStreet on Monday, 23 October, "It is crucial to recall that the risk of sustained negative pressure persists as long as the EUR/USD remains below the 200-day SMA.", "If the bullish trend continues, EUR/USD may test the October 12 high of 1.0639, before moving on to the September 20 top of 1.0736and the critical 200-day Simple Moving Average (SMA) of 1.0816. "
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