(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.93% for the last 10 sessions. At 05:08 EST on Monday, 24 July, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR's yearly highs and lows, it's 7.084% up from its 52-week low and 3.42% 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 0.21%, a negative 0.01%, and a positive 0.26%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.27% (last week), 0.28% (last month), and 0.26% (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 holds steady above 1.1100 mark, eyes flash euro zone/us pmis for some impetus. According to FXStreet on Monday, 24 July, "The EUR/USD pair kicks off the new week on subdued note and oscillates in a narrow trading band around the 1.1125-1.1130 area through the Asian session. ", "This, in turn, might hold back traders from placing aggressive directional bets and should help limit any meaingful downside for the EUR/USD pair, at least for the time being. "
- Eur/usd price analysis: edges higher past 1.1100-1090 support zone ahead of eurozone, US PMI. According to FXStreet on Monday, 24 July, "On the flip side, a clear break of the 1.1090 support could quickly drag the EUR/USD price toward another horizontal support area comprising levels marked since late June, around 1.1010-1000 at the latest.", "Apart from the aforementioned support zone, the receding bearish bias of the MACD signals also challenges the EUR/USD sellers, which in turn suggests the extension of the latest corrective bounce."
- Eur/usd: signs of US disinflation to lift the pair toward 1.15 – ING. According to FXStreet on Monday, 24 July, "Strong signs of US disinflation and bullish steepening of the US yield curve should be a EUR/USD positive. "
- Eur/usd steadies above 1.1100 after three-day losing streak, eu/us PMI data, ecb, fed eyed. According to FXStreet on Sunday, 23 July, "To sum up, EUR/USD will witness a heavily volatile week as top-tier data/events are up for fueling market volatility. ", "Amid these plays, Wall Street closed mixed while the US Treasury bond yields posted a mild weekly gain, which in turn favors US Dollar's further upside and weighs on the EUR/USD price."
- Eur/usd correction May only extend to the 1.1050 area – ING. According to FXStreet on Monday, 24 July, "Given what could be a mildly hawkish Fed event risk on Wednesday and the prospect of the ECB less than wholeheartedly backing the idea of a follow-up September rate hike, we see some downside risks to EUR/USD this week.", "As a result, we think this EUR/USD correction may only extend to the 1.1050 area."
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