(VIANEWS) – GBP/EUR (GBPEUR) is currently on bearish momentum. At 12:08 EST on Monday, 20 September, GBP/EUR (GBPEUR) is at 1.1632, 0.69% down since the last session’s close.
GBP/EUR (GBPEUR) Range
Concerning GBP/EUR’s daily highs and lows, it’s 0.573% down from its trailing 24 hours low of $1.17 and 0.734% down from its trailing 24 hours high of $1.17.
GBP/EUR’s yearly highs and lows, it’s 7.366% up from its 52-week low and 1.682% down from its 52-week high.
GBP/EUR’s last week, last month’s, and last quarter’s current volatility was a negative 0.04%, a negative 0.05%, and a positive 0.24%, 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 0.04% (last week), 0.16% (last month), and 0.24% (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 overbought (>=80).
News about EUR/USD
- Eur/usd price analysis: further losses to 1.1700 stay on the table. According to FXStreet on Friday, 17 September, "In the meantime, the near-term outlook for EUR/USD is seen on the negative side while below the key 200-day SMA, today at 1.1989."
- Eur/usd to test August lows at 1.1664 on a break below 1.17 – OCBC. According to FXStreet on Friday, 17 September, "Coupled with the strong US data, the EUR/USD fell through the 1.1800 support before finding its footing at 1.1750."
- Eur/usd set to edge lower towards the 1.15 level – danske bank. According to FXStreet on Friday, 17 September, "Therefore, economists at Danske Bank continue to see downside risks to EUR/USD over the coming year, targeting 1.15 in 12 months.", "We view Fed’s push to tighten in light of these trends and continue to see downside risk to EUR/USD over the coming year, targeting 1.15 in 12M, 1.13 in 15M."
- Eur/usd turns negative around 1.1760 on dollar, yields recovery. According to FXStreet on Friday, 17 September, "After hitting fresh daily tops in the 1.1780 region, sellers return to the market and now drag EUR/USD back to the negative territory."
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