GBP/EUR (GBPEUR) is currently on bullish momentum. At 10:10 EST on Monday, 26 July, GBP/EUR (GBPEUR) is at 1.1701, 0.93% up since the last session’s close.
GBP/EUR (GBPEUR) Range
Concerning GBP/EUR’s daily highs and lows, it’s 1.457% up from its trailing 7 days low of $1.15 and 0.051% up from its trailing 7 days high of $1.17.
GBP/EUR’s yearly highs and lows, it’s 8.735% up from its 52-week low and 0.864% down from its 52-week high.
GBP/EUR’s last week, last month’s, and last quarter’s current volatility was a negative 0.12%, a negative 0.09%, and a positive 0.28%, 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 0.54% (last week), 0.30% (last month), and 0.28% (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 retreats towards 1.1800 on confirmed death-cross, focus on PMI. According to FXStreet on Friday, 23 July, "However, firmer data also raises doubts over the ECB performance, as Germany backs tapering, which in turn may restrict EUR/USD recovery. ", "However, a 12-day-old falling trend line and support line of a monthly falling wedge, respectively around 1.1755 and 1.1725, will restrict the short-term EUR/USD downturn ahead of the yearly low near the 1.1700 round figures."
Eur/usd remains vulnerable near 1.1750. According to FXStreet on Friday, 23 July, "According to Bednarik, the EUR/USD is bearish and poised to complete a 100% retracement of its March/May rally and reach 1.1703. ", "The EUR/USD remains unable to make a sustained recovery and it keeps pressuring the 1.1750 area. "
According to FXStreet on Friday, 23 July, "The shared currency got a fresh boost from upbeat German and Eurozone Business PMIs, fuelling a bounce in EUR/USD from 1.1763 daily lows."
According to FXStreet on Friday, 23 July, "With the initial reaction to this headline, the EUR/USD pair edged slightly higher and was last seen posting small daily gains at 1.1777."
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