(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.92% for the last 10 sessions. At 20:10 EST on Wednesday, 8 February, GBP/EUR (GBPEUR) is $1.13.
GBP/EUR's yearly highs and lows, it's 4.115% up from its 52-week low and 7.63% 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 positive 0.41%, a negative 0.02%, and a positive 0.36%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.51% (last week), 0.30% (last month), and 0.36% (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 stabilizes above 1.0700 despite fed’s powell confirming further policy tightening. According to FXStreet on Tuesday, 7 February, "The EUR/USD pair has shifted its auction profile above the round-level resistance of 1.0700 in the early Asian session. "
- Eur/usd bulls struggle around mid-1.0700s, focus on ECB talks, fed chair powell. According to FXStreet on Tuesday, 7 February, "Against this backdrop, US stock futures print mild gains and the equities in the Asia-Pacific region remain sidelined, which keeps the EUR/USD buyers hopeful ahead of speeches from the ECB and the Federal Reserve (Fed) officials. ", "The comments favoring hawkish actions from the Federal Reserve (Fed) officials and receding recession woes surrounding the US, as per Federal Reserve Bank of Atlanta President Raphel Bostic, US Treasury Secretary Janet Yellen and President Joe Biden, also probe the EUR/USD bulls."
- Eur/usd: long-term trend remains tilted to the upside – socgen. According to FXStreet on Tuesday, 7 February, "The rally in EUR/USD came to a shuddering halt after the dovish market interpretation of the ECB rate decision. ", "The longer-term trend for EUR/USD remains tilted to the upside thanks to the improved terms of trade, the boost in economic growth in China, narrowing of Fed/ECB policy spread and attractive valuation."
- According to FXStreet on Tuesday, 7 February, "As of writing, the EUR/USD pair was trading at 1.0692, losing 0.35% on a daily basis."
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