(VIANEWS) - GBP/EUR (GBPEUR) has been up by 2.23% for the last 21 sessions. At 21:11 EST on Wednesday, 4 September, GBP/EUR (GBPEUR) is $1.19.
GBP/EUR's yearly highs and lows, it's 3.98% up from its 52-week low and 0.553% down from its 52-week high.
Volatility
GBP/EUR's last week, last month's, and last quarter's current intraday variation average was a negative 0.02%, a positive 0.03%, and a positive 0.20%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.12% (last week), 0.24% (last month), and 0.20% (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
- According to FXStreet on Wednesday, 4 September, "In other words, we are not as concerned for EUR/USD as we are for the likes of AUD/USD or NZD/USD that a softer US macro environment may have a net-negative impact due to the softer equities and a Fed pricing that is already dovish.", "Our preference remains for EUR/USD to hold above 1.1000 into tomorrow's US ISM services and Friday's payrolls. "
- Eur/usd catches a bullish break, but still trapped below 1.11. According to FXStreet on Wednesday, 4 September, "Despite holding deep in the bull country, EUR/USD still faces a steepening bearish pullback as shorts congregate targets just above the 50-day EMA at 1.0956."
- Eur/usd continues to find a technical foothold, but downside pressure is mounting. According to FXStreet on Tuesday, 3 September, "Despite holding deep in the bull country, EUR/USD is still facing a steepening bearish pullback as shorts congregate targets just above the 50-day EMA at 1.0956."
- According to FXStreet on Tuesday, 3 September, "For now, those like us seeing EUR/USD holding above 1.10 will be happy with some support ahead of key US data later this week. "
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