(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.55% for the last 21 sessions. At 03:06 EST on Thursday, 15 June, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 8.194% up from its 52-week low and 2.419% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.11%, 0.09%, and 0.24%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.37% (last week), 0.23% (last month), and 0.24% (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 Tuesday, 13 June, "The EUR/USD pair has attracted investors’ attention amid a firmer risk-appetite theme and hopes of a decline in the Federal Reserve (Fed)-European Central Bank (ECB) policy divergence.", "Buyers could show more interest if the EUR/USD manages to sustain comfortably above 1.0800. "
- Eur/usd flirts with over two-week high, around 1.0775-80 region on weaker USD. According to FXStreet on Tuesday, 13 June, "The shared currency, on the other hand, draws support from rising bets for a further policy tightening by the European Central Bank (ECB) and is seen as another factor acting as a tailwind for the EUR/USD pair. ", "The EUR/USD pair regains positive traction following the previous day’s late pullback from a two-and-half-week top and builds on its steady intraday ascent through the Asian session on Tuesday. "
- Eur/usd forex signal: rising to test resistance in $1.08 area – 13 June 2023. According to DailyForex on Tuesday, 13 June, "My previous EUR/USD signal on 6th June was not triggered, as there was no bullish price action when the price first reached the area of identified support at $1.0704.", "In my previous analysis of the EUR/USD currency pair, I said that the technical picture looked choppy between $1.0625 and $1.0800. "
- Eur/usd climbs past 1.0800 in the wake of US CPI. According to FXStreet on Tuesday, 13 June, "The upside momentum in EUR/USD gathers extra impulse and appears to surpass the 1.0800 hurdle in a more convincing fashion following the release of US inflation figures measured by the CPI."
- Eur/usd: moderate upside risks if US core CPI comes at 0.4% – ING. According to FXStreet on Tuesday, 13 June, "US CPI numbers and the Fed decisions are what will matter the most for EUR/USD this week, and more generally, US data and the Fed’s future path are what will primarily determine the direction of EUR/USD moving ahead."
More news about GBP/EUR (GBPEUR).
