(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.94% for the last 21 sessions. At 17:10 EST on Monday, 12 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 2.376% up from its 52-week low and 2.088% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.09%, a negative 0.08%, and a positive 0.17%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.35% (last week), 0.23% (last month), and 0.17% (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 appreciates above 1.0900, upside seems limited due to middle east tensions. According to FXStreet on Monday, 12 August, "Expectations for a potential interest rate cut by the Federal Reserve (Fed) in September could put pressure on the US Dollar (USD), potentially providing support for the EUR/USD pair. "
- Eur/usd price forecast: 1.1000 appears to be a tough nut to crack for buyers. According to FXStreet on Monday, 12 August, "The EUR/USD pair trades with mild gains around 1.0920 during the early European session on Monday. ", " According to the daily chart, the bullish outlook of EUR/USD prevails as the major pair remains well above the key 100-day Exponential Moving Average (EMA). "
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