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GBP/EUR Jumps By 1% In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.72% for the last 21 sessions. At 13:09 EST on Friday, 14 June, GBP/EUR (GBPEUR) is $1.19.

GBP/EUR’s yearly highs and lows, it’s 3.919% up from its 52-week low and 0.445% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.34%, 0.11%, and 0.16%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.34% (last week), 0.16% (last month), and 0.16% (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 price analysis: remains below 1.0750 after breaking below the rectangle formation. According to FXStreet on Friday, 14 June, "The EUR/USD pair could find immediate support at the psychological level of 1.0700. ", "On the upside, the EUR/USD pair could re-test the lower boundary of the rectangle formation around the 50-day Exponential Moving Average (EMA) at 1.0802. "
  • Eur/usd consolidates as investors look for US PPI. According to FXStreet on Thursday, 13 June, "Later on Wednesday, however, EUR/USD pared gains after the Federal Reserve’s (Fed) monetary policy meeting. "
  • Eur/usd holds steady below 1.0750 amid stronger US dollar, political uncertainty in France. According to FXStreet on Friday, 14 June, "The EUR/USD pair trades on a flat note around 1.0735 on Friday during the early Asian trading hours. "
  • Eur/usd price analysis: bears await US CPI and fed decision before placing fresh bets. According to FXStreet on Wednesday, 12 June, "The EUR/USD pair oscillates in a narrow range during the Asian session on Wednesday and consolidates its losses registered over the past three days, to the 1.0720 area, or the lowest level since early May touched the previous day. ", "Furthermore, oscillators on the daily chart are holding in the negative territory, suggesting that the path of least resistance for the EUR/USD pair is to the downside. "

More news about GBP/EUR (GBPEUR).

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