(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.55% for the last 21 sessions. At 13:09 EST on Friday, 19 May, EUR/GBP (EURGBP) is $0.87.
EUR/GBP’s yearly highs and lows, it’s 4.065% up from its 52-week low and 6.031% down from its 52-week high.
Volatility
EUR/GBP’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.10%, a negative 0.14%, and a positive 0.27%, respectively.
EUR/GBP’s highest amplitude of average volatility was 0.20% (last week), 0.26% (last month), and 0.27% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/GBP’s Forex is considered to be overbought (>=80).
News about
- Usd/jpy prods five-day uptrend above 136.00 on upbeat Japan gdp, receding US default fears. According to FXStreet on Wednesday, 17 May, "Unless dropping back below the early-month top surrounding 135.50, the USD/JPY remains capable of marking another attempt in crossing the 200-DMA hurdle of around 137.10.", "Apart from the Japanese GDP, recent hopes of more investment by private firms in Japan also weigh on the USD/JPY pair. "
- Usd/jpy trades with modest losses around mid-137.00s, downside seems cushioned. According to FXStreet on Thursday, 18 May, "Traders will further take cues from speeches by influential FOMC members, which, along with the US bond yields, will drive the USD demand and provide some impetus to the USD/JPY pair. ", "That said, a combination of factors continues to act as a tailwind for the USD/JPY pair and limit the downside, warranting some caution for aggressive bearish traders."
- Usd/jpy price analysis: climbs above 136.50 despite upbeat Japan’s GDP. According to FXStreet on Wednesday, 17 May, "The USD/JPY pair has resumed its upside journey after a marginal correction below 136.50 in the Asian session. ", "This would drag the USD/JPY pair towards May 11 high at 134.84 followed by May 11 low at 133.74."
- Usd/jpy looks to build on bullish move beyond 137.00, 200 DMA on stronger USD. According to FXStreet on Wednesday, 17 May, "Nevertheless, the aforementioned fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the upside. ", "The US Dollar (USD) continues to draw support from the recent hawkish remarks by several Federal Reserve (Fed) officials and climbs to a nearly two-month high, which, in turn, is seen as a key factor acting as a tailwind for the USD/JPY pair. "
More news about EUR/GBP (EURGBP).
