Headlines

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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.3% for the last 10 sessions. At 06:12 EST on Monday, 8 May, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 5.9% up from its 52-week low and 4.487% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.42%, 0.07%, and 0.28%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.42% (last week), 0.24% (last month), and 0.28% (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: sustains auction above 1.1000 ahead of US CPI. According to FXStreet on Monday, 8 May, "The EUR/USD pair is maintaining its auction area above the psychological support of 1.1000 in the Asian session. "
  • Eur/usd bulls have moved in on the critical resistance. According to FXStreet on Saturday, 6 May, "This diluted the punchy headline although markets were already wrongly footed and needed to scramble back US Dollar shorts, exacerbating the move in EUR/USD lower."
  • Eur/usd forex signal: stuck in a range ahead of a breakout – 08 May 2023. According to DailyForex on Monday, 8 May, "The EUR/USD pair has been in a tight range after the Federal Reserve and the ECB decided to hike interest rates by 0.25%. ", "The EUR/USD pair moved sideways after the Federal Reserve and the European Central Bank (ECB). "
  • Eur/usd advances towards 1.1050 as US dollar begins inflation week on a negative note. According to FXStreet on Monday, 8 May, "Looking ahead, inflation data from Germany and the US will join the likely European Union (EU) sanctions on China, due to its alleged role in the Russia-Ukraine war, which will direct immediate EUR/USD moves. "

More news about GBP/EUR (GBPEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *