(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.58% for the last 10 sessions. At 22:08 EST on Tuesday, 9 May, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR’s yearly highs and lows, it’s 6.427% up from its 52-week low and 4.012% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.36%, 0.11%, and 0.28%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.36% (last week), 0.25% (last month), and 0.28% (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 to see a mild appreaction toward year-end – nordea. According to FXStreet on Monday, 8 May, "Economists at Nordea still hold their view for a higher EUR/USD towards year-end.", "However, it is far from certain that we will get a markedly higher EUR/USD given the fact that markets price in rate cuts from the Fed after the summer. "
- Eur/usd: in the process of moving into a higher trading range between 1.1000 and 1.1500 – MUFG. According to FXStreet on Monday, 8 May, "Economists at MUFG Bank expect the EUR/USD pair to enjoy further gains in the coming months."
- Eur/usd advances towards 1.1050 as US dollar begins inflation week on a negative note. According to FXStreet on Monday, 8 May, "Looking ahead, inflation data from Germany and the US will join the likely European Union (EU) sanctions on China, due to its alleged role in the Russia-Ukraine war, which will direct immediate EUR/USD moves. "
More news about GBP/EUR (GBPEUR).
