(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.65% for the last 10 sessions. At 02:11 EST on Tuesday, 29 November, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 7.038% up from its 52-week low and 5.038% down from its 52-week high.
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.18%, 0.01%, and 0.48%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.46% (last month), and 0.48% (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
- Eur/usd could trade back up to the 1.0480/1.0500 area again – ING. According to FXStreet on Monday, 28 November, "We cannot rule out EUR/USD trading back up to the 1.0480/1.0500 area again (though the reasons for that are far from obvious) but reiterate that the second half of the week could potentially push EUR/USD back to the 1.02 area."
- Eur/usd to reach 1.15 by late 2023 – deutsche bank. According to FXStreet on Monday, 28 November, "Economists at Deutsche Bank see the S&P 500 at 4500 in the first half of next year while EUR/USD is likely to hit 1.15 by late 2023.", "Finally in FX, we see a reversal in the Dollar’s upswing, with EUR/USD strongly moving back above 1.10, likely reaching 1.15 by late 2023."
- Eur/usd price analysis: bounces off 50-sma but stays bearish below 1.0440 hurdle. According to FXStreet on Monday, 28 November, "However, bearish MACD signals and a clear downside break of the two-week-old ascending trend line, close to 1.0400 at the latest, keeps the EUR/USD pair sellers hopeful. "
More news about GBP/EUR (GBPEUR).