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GBP/EUR Bullish By 1% In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.14% for the last 10 sessions. At 15:15 EST on Sunday, 14 July, GBP/EUR (GBPEUR) is $1.19.

GBP/EUR’s yearly highs and lows, it’s 4.436% up from its 52-week low and 0.025% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.09%, 0.01%, and 0.15%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.14% (last week), 0.15% (last month), and 0.15% (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 price analysis: rises toward 1.1000 ahead of three-month highs. According to FXStreet on Friday, 12 July, "Furthermore, the 14-day Relative Strength Index (RSI), a momentum indicator, is above the level of 50, confirming the bullish trend for the EUR/USD pair. ", "On the downside, initial support for EUR/USD lies near the lower boundary of the ascending channel around the 1.0830 level, followed by the nine-day Exponential Moving Average (EMA) at the level of 1.0822."
  • According to FXStreet on Friday, 12 July, "UOB Group FX analysts Quek Ser Leang and Peter Chia suggest the EUR/USD pair is likely to trade within a range of 1.0845 to 1.0900. "
  • According to FXStreet on Friday, 12 July, "For now, lingering downside risks for the dollar mean EUR/USD couldtake another shot at breaking above 1.0900 soon."

More news about GBP/EUR (GBPEUR).

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