(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.17% for the last 10 sessions. At 06:09 EST on Tuesday, 22 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 8.397% up from its 52-week low and 1.43% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.19%, 0.08%, and 0.26%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.23% (last week), 0.25% (last month), and 0.26% (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 signal: looking to sort itself out – 21 August 2023. According to DailyForex on Monday, 21 August, "Potential signal: The EUR/USD is testing a major support level and the bottom of the channel. "
- Eur/usd faces a solid support around 1.0830 – UOB. According to FXStreet on Monday, 21 August, "UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang note further downside in EUR/USD is likely to meet s decent support near 1.0830."
- Eur/usd moves away from multi-week low set on Friday, lacks bullish conviction. According to FXStreet on Monday, 21 August, "The US Dollar (USD) kicks off the new week on a subdued note and consolidates its recent gains to its highest level since July 12, which, in turn, is seen as a key factor lending some support to the EUR/USD pair. ", "Apart from this, speculations that the European Central Bank (ECB) will halt its streak of nine consecutive rate hikes in September might further contribute to keeping a lid on the EUR/USD pair. "
- Eur/usd recovers some lost ground near 1.0880 ahead of German PPI. According to FXStreet on Monday, 21 August, "The EUR/USD pair gains modest ground around the 1.0880 mark heading into the European session on Monday. ", "This event could trigger volatility in the market and give a clear direction to the EUR/USD pair."
More news about GBP/EUR (GBPEUR).
