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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.22% for the last 10 sessions. At 23:08 EST on Wednesday, 7 June, GBP/EUR (GBPEUR) is $1.16.

GBP/EUR’s yearly highs and lows, it’s 7.528% up from its 52-week low and 3.019% 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 0.02%, a positive 0.06%, and a positive 0.24%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.09% (last week), 0.19% (last month), and 0.24% (last quarter), respectively.

News about

  • According to FXStreet on Tuesday, 6 June, "Under that scenario, we think EUR/USD should be somewhere in the 1.15+ area by year-end, while USD/JPY should be below 130."
  • Eur/usd cautiously cheers hawkish ECB bias above 1.0700, German factory orders, EU retail sales eyed. According to FXStreet on Tuesday, 6 June, "However, hawkish comments from International Monetary Fund (IMF) Managing Director Kristalina Georgieva and concerns about the need for the US large banks to hold more capital to battle the landing crisis prod the EUR/USD bears.", "That said, the EUR/USD pair recovered from the weekly low on Monday amid downbeat US data versus hawkish ECB talks."
  • According to FXStreet on Tuesday, 6 June, "The GBP/USD pair is consolidating in a 1.2350-1.2550 range and should stay there if we are correct with our EUR/USD call."
  • Eur/usd to linger around 1.07 due to a lack of clear momentum – commerzbank. According to FXStreet on Tuesday, 6 June, "I assume that over the coming days, EUR/USD will linger around 1.07 due to a lack of clear momentum, with the market waiting for the central bank decisions to give direction next week. "

More news about GBP/EUR (GBPEUR).

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