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GBP/EUR Bearish Momentum With A 1% Fall In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.82% for the last 21 sessions. At 04:14 EST on Monday, 12 August, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 2.498% up from its 52-week low and 1.97% 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 0.09%, a negative 0.08%, and a positive 0.17%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.35% (last week), 0.23% (last month), and 0.17% (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 appreciates above 1.0900, upside seems limited due to middle east tensions. According to FXStreet on Monday, 12 August, "Expectations for a potential interest rate cut by the Federal Reserve (Fed) in September could put pressure on the US Dollar (USD), potentially providing support for the EUR/USD pair. "

More news about GBP/EUR (GBPEUR).

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