GBP/EUR Bullish Momentum: 0.97% Up In The Last 5 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.97% for the last 5 sessions. At 15:11 EST on Monday, 13 March, GBP/EUR (GBPEUR) is $1.14.

GBP/EUR’s yearly highs and lows, it’s 5.068% up from its 52-week low and 6.247% 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 negative 0.11%, a positive 0.04%, and a positive 0.32%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.35% (last week), 0.29% (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 forex signal: SVB collapse, US inflation, ECB decision – 13 March 2023. According to DailyForex on Monday, 13 March, "The EUR/USD price retreated slightly on Monday morning as investors wait for an extremely busy week in the market. "
  • Eur/usd climbs on high inflation data in Germany, as the USD sinks post US NFP. According to FXStreet on Saturday, 11 March, "The EUR/USD rose 0.45% late in the New York session in a volatile trading day, with Wall Street set to register substantial losses blamed on a US bank collapse. "
  • Eur/usd price analysis: bulls attack 200-sma as ECB week begins with risk-on mood. According to FXStreet on Monday, 13 March, "Even if the EUR/USD manages to surpass the 1.0710 resistance, the 50% Fibonacci retracement level of its early February-March downside, near 1.0780, will precede the mid-February swing high near 1.0810 to challenge the bulls.", "On the flip side, EUR/USD pullback remains elusive unless the quote stays beyond the 100-SMA support of 1.0620. "
  • Eur/usd set to extend its race higher toward the 1.0780/1.0800 area – ING. According to FXStreet on Monday, 13 March, "Unless there is a massive rally in US banking stocks today which suggested that US authorities had been incredibly successful in putting the genie of US banking sector risk back in the bottle, we would say EUR/USD is biased to the 1.0780/1.0800 area."

More news about GBP/EUR (GBPEUR).

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