(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.94% for the last 5 sessions. At 21:11 EST on Sunday, 30 July, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR's yearly highs and lows, it's 7.842% up from its 52-week low and 2.736% down from its 52-week high.
Volatility
GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.19%, 0.04%, and 0.26%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.25% (last week), 0.27% (last month), and 0.26% (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
- Pairs in focus this week – gbp/usd, eur/usd, gbp/jpy, usd/chf, nasdaq 100, copper, oil, gold - 30 July 2023. According to DailyForex on Sunday, 30 July, "The EUR/USD fell a bit during the trading week to break down below the 1.10 level after the European Central Bank shocked the markets by suggesting that the economy in the European Union is slowing down. "
- Eur/usd: weekly forecast 30th July - 5th August - 30 July 2023. According to DailyForex on Sunday, 30 July, "However, before bullish EUR/USD traders were completely defeated on Friday, U.S. inflation data came in slightly below expectations. ", "The level needs to remain durable as support, if it does not it could be a bad short-term signal for the EUR/USD near-term."
- According to FXStreet on Sunday, 30 July, "The news joined comments from ECB's Lagarde to allow the EUR/USD pair in defending Friday's corrective bounce by staying mildly bid near 1.1025 amid early Monday morning in Asia."
- Eur/usd pares recent losses above 1.1000 amid mixed ecb, fed talks, eurozone inflation, US NFP eyed. According to FXStreet on Sunday, 30 July, "Looking ahead, German Retail Sales and the first readings of the Eurozone inflation data for July, per the Harmonized Index of Consumer Prices, as well as the second-quarter (Q2) seasonally adjusted Gross Domestic Product for the bloc, will entertain the EUR/USD pair traders. ", "Friday's EUR/USD rebound could be linked to softer prints of the US Federal Reserve's (Fed) favorite inflation gauge, namely the Core Personal Consumption Expenditure (PCE) Price Index, as it eased to 4.1% YoY for June versus 4.2% expected and 4.6% prior. "
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