(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.99% for the last 10 sessions. At 21:07 EST on Tuesday, 21 March, GBP/EUR (GBPEUR) is $1.13.
GBP/EUR’s yearly highs and lows, it’s 4.902% up from its 52-week low and 6.395% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.27%, 0.05%, and 0.31%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.27% (last week), 0.30% (last month), and 0.31% (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 to head lower toward 1.02 over the coming months – danske bank. According to FXStreet on Monday, 20 March, "Economists at Danske Bank maintain their strategic case for a lower EUR/USD and thus keep their downward sloping profile forecasting the pair at 1.02 in six-to-twelve months.", "We have long argued the strategic case for a lower EUR/USD based on relative terms of trade, real rates (growth prospects) and relative unit labour costs."
- Eur/usd bulls struggle above 1.0650 as yields propel US dollar, ecb’s lagarde, fed in focus. According to FXStreet on Monday, 20 March, "On the other hand, the downbeat US Dollar data and Treasury bond yields propelled the EUR/USD previously. ", "A daily closing beyond the 50-DMA hurdle surrounding 1.0730 becomes necessary for the EUR/USD bull’s conviction. "
- Eur/usd rises on ECB speakers, sentiment improvement, lagarde’s eyed. According to FXStreet on Monday, 20 March, "The EUR/USD breaks the 1.0700 barrier and climbs 0.50% after hitting a daily low of 1.0631. ", "Conversely, a fall below the 100 and 200-day EMAs, around 1.0545/1.0569, would shift the EUR/USD bias to bearish."
- According to FXStreet on Monday, 20 March, "An unlikely 50 bps hike would be very bullish for the Dollar - and EUR/USD could well trade under big support at 1.05 on the news."
- Eur/usd forex signal: pullback likely amid rush to safety – 20 March 2023. According to DailyForex on Monday, 20 March, "The EUR/USD price drifted higher on Monday morning as the turmoil in the banking sector continued. ", "The EUR/USD pair rose to a high of 1.0677, which was slightly below the key resistance point at 1.0695, the highest point on March 6 and March 1. "
More news about GBP/EUR (GBPEUR).
