(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.95% for the last 10 sessions. At 15:08 EST on Friday, 10 February, GBP/EUR (GBPEUR) is $1.13.
GBP/EUR’s yearly highs and lows, it’s 4.384% up from its 52-week low and 7.393% 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 stays pressured near 1.0700 as fed, ECB policymakers defend higher interest rates. According to FXStreet on Wednesday, 8 February, "Additionally, a rebound in the US 10-year Treasury bond yields, after a downbeat start to Wednesday, joins Wall Street’s negative closing to weigh on the EUR/USD prices.", "It’s worth noting that the comparatively upbeat US data than Europe seems to defend the hawkish comments from the Fed and weigh on the EUR/USD price."
- Eur/usd: fed’s “higher for longer” interest rate to drag the pair down – rabobank. According to FXStreet on Wednesday, 8 February, "This underpins our expectation that EUR/USD will dip back to 1.06 on a three-month view and potentially to 1.03 in six-months."
- Eur/usd price analysis: consolidation continues inside 50% and 61.8% fibo retracements. According to FXStreet on Thursday, 9 February, "The EUR/USD pair has delivered an upside break of the extremely narrow range consolidation placed in a 1.0710-1.0716 zone in the Asian session. "
- Eur/usd pares weekly losses above 1.0700 amid fed vs. ECB battle, German inflation, EU economic forecasts eyed. According to FXStreet on Thursday, 9 February, "Not only the Fed policymakers but US diplomats were also highlighting concerns that defend the higher Fed rates and weighed on the EUR/USD price. ", "Overall, EUR/USD rebound appears elusive ahead of the key data/events, especially amid hawkish Fed concerns."
More news about GBP/EUR (GBPEUR).
