GBP/EUR Went Up By Over 1% In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.49% for the last 10 sessions. At 03:11 EST on Thursday, 7 December, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 4.705% up from its 52-week low and 0.943% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.23%, 0.05%, and 0.20%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.31% (last week), 0.22% (last month), and 0.20% (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 Monday, 4 December, "The Euro (EUR) remains under selling pressure against the US Dollar (USD) on Monday, motivating EUR/USD to revisit the mid-1.0800s at the beginning of a new trading week.", "If the EUR/USD continues to experience further losses, it could potentially face the mentioned200-day SMAas an initial point of support. "
  • According to FXStreet on Tuesday, 5 December, "The Relative Strength Index (RSI) indicator on the daily chart declined toward 50 and EUR/USD fell below the lower limit of the ascending regression channel on Monday. ", "If EUR/USD confirms 1.0820 as resistance, technical sellers could show interest. "
  • Eur/usd forex signal: hammer candlestick points to more upside – 04 December 2023. According to DailyForex on Monday, 4 December, "The EUR/USD pair retreated sharply last week as it dropped from last week’s high of 1.1018 to a low of 1.0827. ", "The EUR/USD pair crashed hard after a statement by Powell who warned against complacency among market participants. "
  • Eur/usd holds below 1.0900, focus on German trade balance, ecb’s lagarde speech. According to FXStreet on Monday, 4 December, "The EUR/USD pair snaps its three-day losing streak during the early Asian trading hours on Monday. "

More news about GBP/EUR (GBPEUR).

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