GBP/EUR Bullish Momentum With A 1% Jump In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.74% for the last 21 sessions. At 03:06 EST on Wednesday, 13 December, GBP/EUR (GBPEUR) is $1.16.

GBP/EUR’s yearly highs and lows, it’s 4.499% up from its 52-week low and 1.138% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.01%, 0.09%, and 0.20%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.05% (last week), 0.19% (last month), and 0.20% (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 overbought (>=80).

News about

  • Eur/usd: potential to dip back to the 1.05 region over the coming quarter – rabobank. According to FXStreet on Monday, 11 December, "On a 1-to-3-month view, we see the potential for EUR/USD to dip back to the 1.05 region.", "On a long-term horizon, we see greater chance of EUR/USD trading in a 1.04-1.12 range, than managing a return to levels above 1.22."
  • Eur/usd remain depressed near 1.0750 support with central bancs in focus. According to FXStreet on Monday, 11 December, "On a 1-to-3-month view, we see the potential for EUR/USD to dip back to the 1.05 region."
  • Eur/usd forex signal: pressured ahead of US cpi, fomc, ECB decisions – 11 December 2023. According to DailyForex on Monday, 11 December, "The EUR/USD exchange rate wavered ahead of an important week in the financial market. ", "This will be the most important week for the EUR/USD pair in December as the US publishes crucial inflation data and as the Fed and European Central Banks (ECB) makes their final decisions of the year."
  • Eur/usd stages a recovery near 1.0760 amid upbeat US dollar. According to FXStreet on Monday, 11 December, "The EUR/USD reboundsfrom its three-week low at 1.0723, which was recorded on Friday. ", "The EUR/USD pair trades higher around 1.0760 during the Asian trading hours on Monday. "
  • Eur/usd analysis: cautious anticipation of central bank decisions – 11 December 2023. According to DailyForex on Monday, 11 December, "Therefore, stronger than expected US jobs numbers at the end of the week increased the suffering of the EUR/USD pair and it ended the week’s trading on a negative note.", "Recently, EUR/USD closed the week’s trading stable around the 1.0757 level, where bears still have the strongest control. "

More news about GBP/EUR (GBPEUR).

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