(VIANEWS) – GBP/EUR (GBPEUR) is currently on bearish momentum. At 09:06 EST on Saturday, 23 October, GBP/EUR (GBPEUR) is at 1.1800, 0.51% down since the last session’s close.
GBP/EUR (GBPEUR) Range
Regarding GBP/EUR’s daily highs and lows, it’s 0.498% down from its trailing 24 hours low of $1.19 and 0.556% down from its trailing 24 hours high of $1.19.
GBP/EUR’s yearly highs and lows, it’s 8.916% up from its 52-week low and 0.615% down from its 52-week high.
GBP/EUR’s last week, last month’s, and last quarter’s current volatility was 0.31%, 0.12%, and 0.21%, respectively.
GBP/EUR’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.31% (last week), 0.27% (last month), and 0.21% (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 has room to extend its advance in the near term after breaching 1.1670 resistance. According to Benzinga on Wednesday, 20 October, "The EUR/USD pair retreated from a fresh three-week high of 1.1669 and currently trades in the 1.1640 price zone. ", "The EUR/USD pair topped at the 38.2% retracement of its latest daily slump at 1.1670, ending a fifth consecutive day with gains. "
- According to FXStreet on Wednesday, 20 October, "In the case that the 1.3750 mark, which could be supported by the 100-hour SMA, holds, the EUR/USD would recover. "
- Eur/usd price analysis: next on the upside comes the 55-day SMA. According to FXStreet on Wednesday, 20 October, "In the meantime, the near-term outlook for EUR/USD is seen on the negative side below the key 200-day SMA, today at 1.1921."
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