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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.1% for the last 10 sessions. At 19:09 EST on Wednesday, 15 March, GBP/EUR (GBPEUR) is $1.14.

GBP/EUR’s yearly highs and lows, it’s 5.392% up from its 52-week low and 5.958% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.32%, 0.01%, and 0.34%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.32% (last week), 0.34% (last month), and 0.34% (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 price analysis: bulls flirt with 1.0730 resistance confluence. According to FXStreet on Monday, 13 March, "Overall, EUR/USD is likely to rise further but a daily closing beyond 1.0730 could fasten the run-up.", "Additionally, the major currency pair’s successful upside break of a one-month-old descending resistance line, now support around 1.0630, joins the sustained bounce off the 100-DMA level surrounding 1.0540 to favor the EUR/USD bulls."
  • Eur/usd: in a volatile sideways movement around 1.08 for the time being – erste group. According to FXStreet on Monday, 13 March, "Economists at Erste Group Research expect the EUR/USD pair to hover around 1.08 in the short term. "
  • Eur/usd price analysis: bulls attack 200-sma as ECB week begins with risk-on mood. According to FXStreet on Monday, 13 March, "Even if the EUR/USD manages to surpass the 1.0710 resistance, the 50% Fibonacci retracement level of its early February-March downside, near 1.0780, will precede the mid-February swing high near 1.0810 to challenge the bulls.", "On the flip side, EUR/USD pullback remains elusive unless the quote stays beyond the 100-SMA support of 1.0620. "

More news about GBP/EUR (GBPEUR).

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