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GBP/EUR Bullish Momentum: 0.94% Up In The Last 5 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.94% for the last 5 sessions. At 08:12 EST on Friday, 24 February, GBP/EUR (GBPEUR) is $1.13.

GBP/EUR’s yearly highs and lows, it’s 4.8% up from its 52-week low and 7.023% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.30%, a negative 0.03%, and a positive 0.32%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.34% (last week), 0.36% (last month), and 0.32% (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: the downside risk is likely to dominate – commerzbank. According to FXStreet on Wednesday, 22 February, "Another reason why the downside risk in EUR/USD is likely to dominate after all."
  • Eur/usd bulls move in ahead of the FOMC minutes. According to FXStreet on Wednesday, 22 February, "The US Dollar rose against all G10 except sterling while EUR/USD was choppy but ultimately 40 pips lower to 1.0637. "
  • According to FXStreet on Wednesday, 22 February, "The EUR/USD pair flirts with the 1.0600 level by the end of the American session. "

More news about GBP/EUR (GBPEUR).

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