(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.95% for the last 10 sessions. At 01:10 EST on Friday, 3 February, GBP/EUR (GBPEUR) is $1.12.
GBP/EUR’s yearly highs and lows, it’s 3.681% up from its 52-week low and 8.016% 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 positive 0.41%, a negative 0.02%, and a positive 0.36%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.51% (last week), 0.30% (last month), and 0.36% (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
- Usd/jpy refreshes daily low on weaker US ADP report, focus remains on FOMC. According to FXStreet on Wednesday, 1 February, "The USD/JPY pair meets with a fresh supply near the 130.40 region on Wednesday and drifts into negative territory for the second successive day. ", "Wednesday’s US economic docket also features the release of ISM Manufacturing PMI, though might do little to provide any impetus to the USD/JPY pair."
- Usd/jpy portrays pre-fed anxiety, boj’s struggle to defend JGB yields around 130.00. According to FXStreet on Wednesday, 1 February, "A two-week-old symmetrical triangle restricts USD/JPY moves between 129.60 and 130.50.", "Looking ahead, multiple PMIs from China, Eurozone and the US may entertain the USD/JPY traders, as well as the JGB moves. "
- Usd/jpy remains confined in a narrow range as traders keenly await FOMC decision. According to FXStreet on Wednesday, 1 February, "The USD/JPY pair struggles to gain any meaningful traction and seesaws between tepid gains/minor losses through the early part of the European session on Wednesday. ", "Against the backdrop of a sharp corrective fall from over a three-decade top, the said triangle could be categorized as a bearish pennant and validates the negative outlook for the USD/JPY pair. "
- Usd/jpy price analysis: slips from bull’s radar, symmetrical triangle in focus. According to FXStreet on Wednesday, 1 February, "Technically, the two-week-long symmetrical triangle restricts the immediate USD/JPY moves.", "Alternatively, the 130.30 resistance confluence restricts immediate USD/JPY upside ahead of the aforementioned triangle’s top line, close to 130.55 as we write."
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