(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.51% for the last 21 sessions. At 04:08 EST on Thursday, 6 April, GBP/EUR (GBPEUR) is $1.14.
GBP/EUR’s yearly highs and lows, it’s 5.725% up from its 52-week low and 5.661% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.13%, 0.06%, and 0.32%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.13% (last week), 0.30% (last month), and 0.32% (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
- Usd/jpy hangs near one-week low, well offered below mid-131.00s ahead of US data. According to FXStreet on Wednesday, 5 April, "The aforementioned fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the downside and a further slide towards the 131.00 mark, en route to the 130.70 support, looks like a distinct possibility. ", "A mildly softer tone around the equity markets benefits the safe-haven Japanese Yen (JPY) and is seen as a key factor exerting downward pressure on the USD/JPY pair. "
- Usd/jpy price analysis: inches closer to 130.70 support during three-day downtrend. According to FXStreet on Wednesday, 5 April, "However, the RSI level is below the 50 mark and hence suggests the dip-buying, which in turn highlights an upward-sloping support line from January 16, close to 130.70 at the key level to watch for the USD/JPY bears.", "Alternatively, the aforementioned resistance confluence of around 133.05, comprising 50-DMA and 23.6% Fibonacci retracement, restricts short-term advances of the USD/JPY pair."
- Usd/jpy drops to six-day lows near 131.50 as US yields tumble. According to FXStreet on Tuesday, 4 April, "The USD/JPY fell sharply after the release of US economic data pointed to a slowdown. ", "Technical indicators in USD/JPY 4-hour chart point to another test of the daily lows around 131.50. "
- Usd/jpy price analysis: bounces off 132.30 support confluence but upside remains elusive. According to FXStreet on Tuesday, 4 April, "On the flip side, a clear break of the 132.30 support confluence becomes necessary for the USD/JPY bear’s return.", "Even if the USD/JPY crosses the 134.00 hurdle, a six-week-long horizontal resistance area near 135.10 can restrict the upside moves. "
- Usd/jpy traces corrective bounce in yields to approach 132.00 ahead of key US data. According to FXStreet on Wednesday, 5 April, "Moving on, the downbeat concerns about the Fed’s next move and the US Dollar’s reserve status can weigh on the USD/JPY pair unless the scheduled US data offer a positive surprise and/or market sentiment worsen.", "RSI (14) is below the 50 mark and hence suggests the dip-buying, which in turn highlights an upward-sloping support line from January 16, close to 130.70 at the key level to watch for the USD/JPY bears."
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