GBP/EUR Went Up By Over 2% In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 2.05% for the last 10 sessions. At 01:12 EST on Wednesday, 6 December, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 4.714% up from its 52-week low and 0.935% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.31%, 0.08%, and 0.20%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.31% (last week), 0.23% (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

  • Eur/usd trying to hold above 1.0800, sees limited recovery after Monday backslide. According to FXStreet on Monday, 4 December, "The EUR/USD shed half a percent as broader markets tossed aside sentiment and flipped risk averse to kick off the new trading week. ", "The Euro (EUR) slipped two-thirds of a percent from Monday’s high of 1.0876 against the US Dollar (USD), setting into a fresh two-week low for the EUR/USD near 1.0804."
  • 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. "
  • 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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