(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.09% for the last 10 sessions. At 15:11 EST on Friday, 18 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR's yearly highs and lows, it's 8.314% up from its 52-week low and 1.505% down from its 52-week high.
Volatility
GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.32%, 0.05%, and 0.25%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.32% (last week), 0.26% (last month), and 0.25% (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
- According to FXStreet on Wednesday, 16 August, "In case the ongoing rebound gathers some serious traction, EUR/USD is then expected to meet initial hurdle at the August high at 1.1064 (August 10) prior to the weekly high at 1.1149 (July 27). ", "Furthermore, the positive outlook for the EUR/USD pair remains valid as long as it remains above the important 200-day SMA."
- Eur/usd forex signal: finding support at $1.0900 - 16 August 2023. According to DailyForex on Wednesday, 16 August, "My previous EUR/USD signal on 8th August produced a profitable long trade from the bullish bounce at the support level of $1.0938.", "In my previous analysis of the EUR/USD currency pair, I wrote that we were seeing a consolidation between $1.0910 and $1.1038, with the resistance at $1.1038 looking very strong. "
- Eur/usd price analysis: Tuesday’s doji prods euro bears around 1.0900 ahead of fed minutes. According to FXStreet on Wednesday, 16 August, "Following that, the support-turned-resistance line of around 1.1095 and the 1.1100 round figure will lure the EUR/USD bulls.", "That said, a seven-week-old horizontal support region around 1.0845-35 restricts immediate downside of the EUR/USD pair, a break of which will direct the south-run towards the 200-DMA support of 1.0785."
- Eur/usd technical analysis: strong bearish momentum ahead of an important event - 16 August 2023. According to DailyForex on Wednesday, 16 August, "The Fibonacci retracement tool shows that this is in line with the 38.2% Fibonacci retracement level, which could be enough to keep the gains in check and send EUR/USD down to the swing low or lower. "
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