(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.74% for the last 21 sessions. At 13:12 EST on Tuesday, 12 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 flattening around 1.0750 ahead of hectic central bank schedule this week. According to FXStreet on Monday, 11 December, "The EUR/USD is seeing drift around the 1.0750 price level as markets gear up for a hectic trading week. ", "The EUR/USD has been trading sideways since slipping back below the 1.0800 handle last week in a short-lived risk bid."
- 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 analysis: cautious anticipation of central bank decisions - 11 December 2023. According to DailyForex on Monday, 11 December, "Meanwhile, it is possible that the EUR/USD will regain some of its lost gains if the European Central Bank this week opposes rising expectations for an interest rate cut. ", "Recently, EUR/USD closed the week's trading stable around the 1.0757 level, where bears still have the strongest control. "
- 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."
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