(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.6% for the last 21 sessions. At 00:07 EST on Friday, 6 September, GBP/EUR (GBPEUR) is $1.19.
GBP/EUR’s yearly highs and lows, it’s 3.919% up from its 52-week low and 0.612% 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 0.06%, a positive 0.05%, and a positive 0.20%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.08% (last week), 0.21% (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
- According to FXStreet on Thursday, 5 September, "Unless we get a very sharp rise in the US unemployment rate tomorrow, itfeels like very hard work for EUR/USD to break from the 18-month1.05-1.11 trading range this month.", "We’re not sure what’s behind that, but on the EUR/USD side it may relate to the 15 September US corporate tax deadline for those companies with a fiscal year ending 30 June. "
- According to FXStreet on Thursday, 5 September, "Stunningly, only 1% of respondents now expect EUR/USD to end the year sub 1.07. ", "In a poll taken during our Economics Live webinar yesterday, 25% of respondents felt EUR/USD would end the year over 1.13, while 46% felt it would remain roughly stable in a 1.10-1.13 range. "
- According to FXStreet on Wednesday, 4 September, "In other words, we are not as concerned for EUR/USD as we are for the likes of AUD/USD or NZD/USD that a softer US macro environment may have a net-negative impact due to the softer equities and a Fed pricing that is already dovish.", "Our preference remains for EUR/USD to hold above 1.1000 into tomorrow’s US ISM services and Friday’s payrolls. "
- Eur/usd extends bounce against wavering greenback. According to FXStreet on Thursday, 5 September, "Despite holding deep in the bull country, EUR/USD still faces a steepening bearish pullback as shorts congregate targets just above the 50-day EMA at 1.0956."
- According to FXStreet on Thursday, 5 September, "The EUR/USD pair shrugs off these comments, adding 0.16% on the day to test 1.1100, at the press time."
More news about GBP/EUR (GBPEUR).
