(VIANEWS) – GBP/EUR (GBPEUR) is currently on bearish momentum. At 08:10 EST on Saturday, 22 January, GBP/EUR (GBPEUR) is at 1.1942, 0.6365% down since the last session’s close.

GBP/EUR (GBPEUR) Range

Regarding GBP/EUR’s daily highs and lows, it’s 0.392% down from its trailing 24 hours low of $1.20 and 0.806% down from its trailing 24 hours high of $1.20.

GBP/EUR’s yearly highs and lows, it’s 6.34% up from its 52-week low and 0.806% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.06%, 0.12%, and 0.26%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.20% (last month), and 0.26% (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 price analysis: A drop to the 2022 low is not ruled out. According to FXStreet on Wednesday, 19 January, "The longer term negative outlook for EUR/USD is seen unchanged while below the key 200-day SMA at 1.1722."
  • Eur/usd retreats to 1.1350 on firmer yields, ECB meeting accounts eyed. According to FXStreet on Thursday, 20 January, "However, reductions in the spread between the US Treasury yields and German Bund yields seem to keep EUR/USD bulls hopeful. ", "That said, the quote is on the way to retest the 200-SMA level of 1.1325 but an upward sloping support line from late November, around 1.1300, will challenge the EUR/USD pair’s further downside."
  • Eur/usd: break above 1.1375/85 resistance to open the door for further gains – ING. According to FXStreet on Thursday, 20 January, "We would like to think that 1.1375/85 resistance can hold EUR/USD intra-day - otherwise, we may be looking at a broadly weaker dollar environment."
  • Eur/usd price analysis: fades bounce off 200-sma above 1.1300. According to FXStreet on Wednesday, 19 January, "In a case where EUR/USD drops below 1.1300, multiple supports around 1.1230 should gain the market’s attention.", "That said, the quote is on the way to retest the 200-SMA level of 1.1325 but an upward sloping support line from late November, around 1.1300, will challenge the EUR/USD pair’s further downside."
  • Eur/usd to edge lower towards 1.10 in the first half of the year – westpac. According to FXStreet on Thursday, 20 January, "Sustained EUR/USD upside is unlikely to develop while a yawning policy gap opens between the European Central Bank (ECB) and the Federal Reserve. ", "Sustained EUR/USD unlikely to develop while a yawning policy gap opens between the ECB and the Fed."

More news about GBP/EUR (GBPEUR).

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