Sunday, September 27, 2026

GBP/EUR Bullish By 1% In The Last 21 Sessions

ViaNews Editorial Team

December 7, 2023

GBP/EUR Bullish By 1% In The Last 21 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.53% for the last 21 sessions. At 16:10 EST on Thursday, 7 December, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR's yearly highs and lows, it's 4.768% up from its 52-week low and 0.884% down from its 52-week high.

Volatility

GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.22%, 0.06%, and 0.20%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.29% (last week), 0.22% (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 oversold (<=20).

News about

  • Eur/usd posts modest gains around 1.0770 ahead of eurozone gdp, US jobless claims. According to FXStreet on Thursday, 7 December, " The EUR/USD pair posts modest gains during the early Asian section on Thursday. "
  • Eur/usd forex signal: bears prevail as it flips key support level - 05 December 2023. According to DailyForex on Tuesday, 5 December, "The EUR/USD pair also retreated as investors reflected on the hawkish statement by Jerome Powell, the head of the Federal Reserve. ", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bearish viewSell the EUR/USD pair and set a take-profit at 1.0735."
  • Eur/usd extends declines on Wednesday, heading for 1.0700. According to FXStreet on Wednesday, 6 December, "The EUR/USD is extending a backslide through the 200-day Simple Moving Average (SMA), cleanly breaking through the 1.0800 level and heading straight for the 50-day SMA at the 1.0700 handle.", "With economic headline figures missing the mark on both sides of the Atlantic, investor sentiment is facing a souring in the back half of the trading week, and the EUR/USD will need to drag itself through another print of Eurozone Gross Domestic Product (GDP) on Thursday, ahead of Friday's US Nonfarm Payrolls (NFP) to close out the week's trading."
  • Eur/usd extends the decline below 1.0800, eurozone retail sales eyed. According to FXStreet on Wednesday, 6 December, "The EUR/USD pair remains under selling pressure below the 1.0800 psychological mark during the early Asian session on Wednesday. "
  • Eur/usd forex signal: euro meltdown has more room to run - 06 December 2023. According to DailyForex on Wednesday, 6 December, "The EUR/USD price plunged to a low of 1.0782, its lowest level since November 14th. ", "The EUR/USD pair continued its downtrend and reached a low of 1.0780, its lowest point on November 14th. "

More news about GBP/EUR (GBPEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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