(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.52% for the last 21 sessions. At 17:06 EST on Tuesday, 6 December, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 7.149% up from its 52-week low and 4.939% down from its 52-week high.
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.04%, 0.08%, and 0.47%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.32% (last week), 0.42% (last month), and 0.47% (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 falls on robust US ISM services data, tumbles below 1.0500. According to FXStreet on Monday, 5 December, "As the EUR/USD rose to six-month highs at 1.0594, registering successive series of higher highs, oscillators like the Relative Strength Index (RSI) and the Rate of Change (RoC) did not, so a negative divergence between price action/oscillators, emerged.", "From a technical perspective, the EUR/USD daily chart is neutral-upward biased after breaking above the 200-day Exponential Moving Average (EMA) at 1.0388. "
- Eur/usd price analysis: buying pressure fades as the euro drops beneath 1.0500, eyeing the 200-dma. According to FXStreet on Tuesday, 6 December, "Therefore, the EUR/USD first support would be the December 2 daily low of 1.0392. ", "At the time of writing, as the Asian Pacific session begins, the EUR/USD is trading at 1.0488."
- Eur/usd refreshes multi-month top, eyes 1.0600 mark amid sustained USD selling. According to FXStreet on Monday, 5 December, "Later during the early North American session, the US ISM Services PMI should contribute to producing short-term opportunities around the EUR/USD pair.", "The EUR/USD pair is seen building on last week’s breakout momentum beyond the very important 200-day SMA and gaining traction for the fourth straight day on Monday. "
- Eur/usd price analysis: refreshes five-month high above 1.0550 on solid risk-on profile. According to FXStreet on Monday, 5 December, "The EUR/USD pair has refreshed its five-month high at 1.0549 in the Asian session. ", "The EUR/USD pair has shifted its business above the psychological resistance of 1.0500 after a breakout of the neutral channel formation on an hourly scale. "
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