(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.81% for the last 5 sessions. At 10:09 EST on Monday, 31 July, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 7.694% up from its 52-week low and 2.869% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.19%, 0.04%, and 0.26%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.27% (last month), and 0.26% (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 can be dragged back towards the 1.0920 area – ING. According to FXStreet on Monday, 31 July, "We are a little disappointed that EUR/USD did not hold gains on Friday’s soft US Employment Cost Index reading. ", "Unless we see some downside surprises to the US activity data this week it looks as though EUR/USD can be dragged back towards the 1.0920 area."
- Eur/usd: weekly forecast 30th July – 5th August – 30 July 2023. According to DailyForex on Sunday, 30 July, "The wide price range of the EUR/USD mirrored the results of other major currency pairs, this as the USD proved to be a volatile currency the last two days of the week. ", "The level needs to remain durable as support, if it does not it could be a bad short-term signal for the EUR/USD near-term."
- According to FXStreet on Monday, 31 July, "If bears regain the upper hand, EUR/USD should put the weekly low of 1.0943 (July 28) to the test ahead of a probable move to the transitory 55-day and 100-day SMAs at 1.0908 and 1.0906, respectively. ", "The Euro (EUR) is continuing to maintain its recovery against the US Dollar (USD) that began on Friday, which is causing EUR/USD to extend its upward trend after breaking through the important 1.1000 level at the start of the week."
- According to FXStreet on Sunday, 30 July, "The news joined comments from ECB’s Lagarde to allow the EUR/USD pair in defending Friday’s corrective bounce by staying mildly bid near 1.1025 amid early Monday morning in Asia."
More news about GBP/EUR (GBPEUR).
