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GBP/EUR Bullish By 1% In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.89% for the last 21 sessions. At 07:14 EST on Monday, 19 June, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 8.471% up from its 52-week low and 2.169% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.05%, 0.09%, and 0.24%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.31% (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

  • Eur/usd: weekly forecast 18th June – 24th June – 18 June 2023. According to DailyForex on Sunday, 18 June, "The EUR/USD went into the weekend near the 1.09410 level after producing a high on Friday near the 1.09725 ratio, before a slight reversal lower. ", "The rapid move higher in the EUR/USD was certainly welcomed by bullish speculators of the currency pair who had been anticipating a renewal of the upwards momentum seen earlier this year. "
  • Eur/usd bulls keep reins around mid-1.0900s on Juneteenth holiday, pmis, fed chair powell eyed. According to FXStreet on Sunday, 18 June, "Bearish spinning top candlestick at the multi-day high joins nearly overbought RSI conditions to challenge EUR/USD buyers.", "Should the activity data ease, the EUR/USD may witness the much-awaited pullback. "
  • Eur/usd price analysis: bearish spinning top, overbought RSI direct euro sellers toward 1.0900. According to FXStreet on Monday, 19 June, "On the flip side, a daily closing beyond the 23.6% Fibonacci retracement of near 1.0960 and the previous day’s peak of around 1.0970 restrict the short-term EUR/USD upside.", "It’s worth noting that the Juneteenth holiday in the US also joins the bearish spinning top candlestick on the daily chart of the EUR/USD pair and the overbought RSI (14) line to please the Euro bears of late."
  • Eur/usd consolidates around 1.0940 due to mixed responses about fed’s rate guidance. According to FXStreet on Monday, 19 June, "The EUR/USD pair is oscillating in a narrow range around 1.0940 in the late Asian session. "

More news about GBP/EUR (GBPEUR).

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