(VIANEWS) – GBP/EUR (GBPEUR) has been up by 2.01% for the last 21 sessions. At 15:14 EST on Sunday, 11 June, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 8.111% up from its 52-week low and 2.494% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.07%, and 0.24%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.13% (last week), 0.20% (last month), and 0.24% (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 retreats from weekly highs amid soft canadian jobs data, falling eu’s bond yields. According to FXStreet on Friday, 9 June, "The EUR/USD stuck to the 20-day Exponential Moving Average at 1.0772., even though Thursday from the US lifted the pair. ", "Based on price action, the EUR/USD must likely test the June 7 high turned support at 1.0739 before dropping towards the figure at 1.0700, ahead of the June 8 low of 1.0692. "
- Eur/usd price analysis: consolidates near two-week high, setup favours bullish traders. According to FXStreet on Friday, 9 June, "This is closely followed by an upward sloping trend-line, currently pegged near the 1.0680 region, below which the EUR/USD pair could slide back towards the May monthly swing low, around the 1.0635 area. ", "Some follow-through buying, however, will set the stage for additional gains and lift the EUR/USD pair to the next relevant hurdle near the 1.0860 region. "
- Eur/usd price analysis: bears eye the neck line of the reversion pattern. According to FXStreet on Saturday, 10 June, "However, EUR/USD bulls are lurking in the flanks of the correction on the back ofcentral bank divergence themes on the prospects for the Federal Reservepausingwhile the ECB continues to raise interest rates. "
- Eur/usd: weekly forecast 11th June – 17th June – 11 June 2023. According to DailyForex on Sunday, 11 June, "However, a move upwards started to emerge and by Thursday the EUR/USD was trading around a high of almost 1.07875. ", "A stronger inflation outcome could cause nervousness in the EUR/USD before the Fed speaks on Wednesday, and the EUR/USD could suffer an additional selloff."
- Eur/usd price analysis: faces barricades around 1.0780 as USD index rebounds. According to FXStreet on Friday, 9 June, "The EUR/USD pair has displayed an exhaustion in the upside momentum after reaching to near 1.0780 in the European session. ", "The recovery move in the EUR/USD has pushed it above the 61.8% Fibonacci retracement (plotted from March 15 low at 1.0516 to April 26 high at 1.1095) at 1.0738. "
More news about GBP/EUR (GBPEUR).
