(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.87% for the last 5 sessions. At 09:08 EST on Tuesday, 4 July, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR's yearly highs and lows, it's 8.009% up from its 52-week low and 2.586% down from its 52-week high.
Volatility
GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.09%, 0.03%, and 0.24%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.34% (last week), 0.27% (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 Monday, 3 July, "In the FX market, the region should benefit today with a delay from Friday's upward movement of EUR/USD as well as the positive sentiment in Europe from the end of last week. "
- Eur/usd: A big drop below 1.0800 May be premature – ING. According to FXStreet on Monday, 3 July, "It seems likely that the USD leg will drive most of the EUR/USD moves this week, especially once US data starts to come in."
- Eur/usd: weekly forecast 2nd July - 8th July - 02 July 2023. According to DailyForex on Sunday, 2 July, "While the EUR/USD was pushed back from Tuesday's highs, the notion that the EUR/USD remains slightly oversold may still exist within financial institutions which are still targeting the 1.09500 to 1.09900 realms. ", "The EUR/USD went into the weekend near the 1.09100 ratios, finishing the week of trading near values it began close to at the start of last week. "
- Eur/usd struggles for a firm intraday direction, consolidates in a range above 1.0900 mark. According to FXStreet on Monday, 3 July, "This remains supportive of elevated US Treasury bond yields, which lend support to the USD and cap the EUR/USD pair.", "The EUR/USD pair struggles to gain any meaningful traction on the first day of the new week and oscillates in a narrow trading band through the Asian session. "
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