GBP/EUR Bearish Momentum: 0.99% Down In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.99% for the last 10 sessions. At 14:08 EST on Tuesday, 19 September, GBP/EUR (GBPEUR) is $1.16.

GBP/EUR’s yearly highs and lows, it’s 7.288% up from its 52-week low and 1.444% down from its 52-week high.


GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.09%, a negative 0.06%, and a positive 0.25%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.21% (last month), and 0.25% (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 bumping towards 1.07 in Monday bullish bounce. According to FXStreet on Monday, 18 September, "Euro bulls will be looking to mark in a green week after the EUR/USD pair has closed bearish for the past nine consecutive weeks, and daily candlesticks have the pair firmly on the downside.", "It’s going to be a Dollar-dominant week for the EUR/USD with the economic calendar notably thin for the European Union (EU) side of the equation, and the Federal Reserve (Fed) slated for another rate call in the midweek."
  • According to FXStreet on Monday, 18 September, "The Euro (EUR) alternates ups and downsagainst the US Dollar (USD) at the beginning of the week, prompting EUR/USD to trade around the 1.0660 region following the opening bellin the European markets on Monday.", "As long as the EUR/USD is below the 200-day SMA, the pair might continue to fall."
  • Eur/usd: good demand will emerge near the 1.05 level – ING. According to FXStreet on Monday, 18 September, "Expect EUR/USD to trade on the soft side now that the ECB has told us that rates have peaked. ", "We are sticking with our call that EUR/USD will be trading above 1.10 by year-end."
  • Eur/usd price analysis: reverses recent gains to near 1.0680, eurozone final CPI eyed. According to FXStreet on Tuesday, 19 September, "However, traders of the EUR/USD pair will likely observe the 14-day Relative Strength Index (RSI), which indicates bearish momentum in the short term as it lies below the 50 level.", "The immediate support for the EUR/USD pair appears around the 1.0650 psychological level, followed by the previous week’s low at 1.0631."

More news about GBP/EUR (GBPEUR).

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