GBP/EUR Rises By 1% In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.99% for the last 10 sessions. At 22:13 EST on Sunday, 3 December, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 4.759% up from its 52-week low and 0.892% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.16%, 0.03%, and 0.19%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.16% (last week), 0.20% (last month), and 0.19% (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

  • According to FXStreet on Friday, 1 December, "Nevertheless, the USD/JPY pair remains on track to end in the red for the third week in a row as traders now look to the release of the US ISM Manufacturing PMI for short-term impetus on the last day of the week.", "This, in turn, holds back the USD bulls from placing fresh bets and acts as a headwind for the USD/JPY pair ahead of Fed Chair Jerome Powell’s speech later during the US session."
  • Usd/jpy dips below ichimoku cloud on weak US pmi, powell speech. According to FXStreet on Friday, 1 December, "The USD/JPY trims some of its Thursday gains on Friday, diving below the Ichimoku Cloud (Kumo) early in the North American session. ", "The downtrend remains in place, but the USD/JPY break below the Kumo could accelerate prices to fall toward the 146.00 figure. "

More news about GBP/EUR (GBPEUR).

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