(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.93% for the last 10 sessions. At 18:06 EST on Thursday, 16 February, GBP/EUR (GBPEUR) is $1.12.
GBP/EUR's yearly highs and lows, it's 3.829% up from its 52-week low and 7.885% 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 0.17%, a negative 0.01%, and a positive 0.32%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.17% (last week), 0.36% (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
- According to FXStreet on Tuesday, 14 February, "Nevertheless, any meaningful divergence from the expected readings should infuse some volatility in the markets and allow traders to grab short-term opportunities around the EUR/USD pair.", "Dhwani also outlines important technical levels to trade the EUR/USD pair: "Buyers need to find acceptance above the 1.0750 psychological barrier to build on the recovery from five-week lows of 1.0655. "
- Eur/usd May slip back to 1.0650/1.0700 should core inflation come in at 0.4% or 0.5% mom – ING. According to FXStreet on Tuesday, 14 February, "We continue to see downside risks for EUR/USD in the very near term as US data may endorse further Fed hikes and the Euro lacks any solid domestic support."
- Eur/usd advances towards 1.0770 as USD index struggles to find cushion ahead of US CPI. According to FXStreet on Tuesday, 14 February, "The EUR/USD pair refreshed its day's high around 1.0730 and is hovering around it continuously in the Tokyo session. "
- Eur/usd price analysis: bulls cheer triangle breakout to aim for 1.0780 hurdle. According to FXStreet on Tuesday, 14 February, "Overall, EUR/USD is likely to remain firmer as crucial statistics from the Eurozone and the US loom. ", "Even if the EUR/USD pair declines below 1.0680, the lower line of the triangle, close to 1.0650, could act as the last defense of the buyers."
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