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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.48% for the last 10 sessions. At 11:07 EST on Wednesday, 10 May, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 6.326% up from its 52-week low and 4.104% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.36%, 0.11%, and 0.28%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.36% (last week), 0.25% (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 drops below 1.1000 as US dollar traces firmer yields amid unimpressive fed bank survey. According to FXStreet on Tuesday, 9 May, "Furthermore, unimpressive comments from Chicago Federal Reserve Bank President Austan Goolsbee and US Treasury Secretary Janet Yellen’s fears of US default weigh on the EUR/USD price, especially amid recently downbeat EU data.", "Given the higher low of the EUR/USD price joining higher RSI (14), the major currency pair is likely to regain upside momentum. "
  • Eur/usd forex signal: stuck in a range ahead of a breakout – 08 May 2023. According to DailyForex on Monday, 8 May, "The next important EUR/USD news will be the upcoming US consumer inflation data scheduled for Wednesday.EUR/USD technical analysis", "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%. "
  • 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. "

More news about GBP/EUR (GBPEUR).

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