(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.04% for the last 10 sessions. At 05:16 EST on Wednesday, 30 November, GBP/EUR (GBPEUR) is $1.16.

GBP/EUR’s yearly highs and lows, it’s 7.158% up from its 52-week low and 4.931% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.18%, 0.01%, and 0.48%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.46% (last month), and 0.48% (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: bounces off 50-sma but stays bearish below 1.0440 hurdle. According to FXStreet on Monday, 28 November, "However, bearish MACD signals and a clear downside break of the two-week-old ascending trend line, close to 1.0400 at the latest, keeps the EUR/USD pair sellers hopeful. "
  • Eur/usd to reach 1.15 by late 2023 – deutsche bank. According to FXStreet on Monday, 28 November, "Economists at Deutsche Bank see the S&P 500 at 4500 in the first half of next year while EUR/USD is likely to hit 1.15 by late 2023.", "Finally in FX, we see a reversal in the Dollar’s upswing, with EUR/USD strongly moving back above 1.10, likely reaching 1.15 by late 2023."
  • According to Business Insider on Monday, 28 November, "The EUR/USD pair has weakened 0.43 percent to 1.0350, whereas the GBP/USD pair has dropped 0.37 percent to 1.2048."
  • Eur/usd retreats towards 1.0350 amid risk aversion ahead of EU inflation, fed’s powell. According to FXStreet on Monday, 28 November, "Moving on, Wednesday’s monthly inflation data from the bloc and a speech from Fed Chair Jerome Powell will be crucial for the EUR/USD pair traders. ", "Additionally, weighing on the EUR/USD prices could be the looming concerns over the bloc’s push for a price cap on Russian energy exports. "

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