(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.52% for the last 21 sessions. At 14:07 EST on Wednesday, 14 June, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 8.138% up from its 52-week low and 2.469% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.07%, and 0.24%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.35% (last week), 0.22% (last month), and 0.24% (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 edges upward as US bond yields propel gains amid fed-boj’s decisions. According to FXStreet on Monday, 12 June, "However, from a medium-term view, with the daily Exponential Moving Averages (EMAs) positioned below the spot price, the pair is upward, but it needs to crack the top of the range, so the USD/JPY can test the year-to-date (YTD) high of 140.92. ", "In the case of being broken, the USD/JPY next stop is 141.00, ahead of the November 22 high at 142.24. "
- Usd/jpy ignores downbeat Japan ppi, boj’s wakatabe to drop toward 139.00, focus on US inflation, fed. According to FXStreet on Monday, 12 June, "Amid these plays, US Treasury bond yields struggle to extend the previous week’s upward trajectory while S&P500 Futures manage to trace Wall Street’s gains, which in turn should put a floor under the USD/JPY pair due to the quote’s risk-barometer status.", "Moving on, a light calendar on Monday may restrict intraday moves of the USD/JPY pair. "
- Usd/jpy prods yen bears near 139.50 as yields retreat, risk dwindles ahead of US inflation. According to FXStreet on Tuesday, 13 June, "Even so, the increase in the bets favoring the Federal Reserve’s (Fed) 0.25% rate hike in July prod the sentiment and put a floor under the US Dollar, as well as the USD/JPY price. ", "Moving on, the bond market moves and risk catalysts will be important to determine the short-term moves of the USD/JPY pair. "
- Usd/jpy: tight higher range displaying conservative approach – 13 June 2023. According to DailyForex on Tuesday, 13 June, "In fact, it can be argued the USD/JPY has experienced a rather consolidated higher value since the 25th of May. ", "As of this writing the USD/JPY is trading near the 139.500 vicinity with seemingly rather comfortable results being displayed. "
- Usd/jpy remains depressed below mid-139.00s, downside seems limited ahead of US CPI. According to FXStreet on Tuesday, 13 June, "This is seen as another factor that contributes to the offered tone surrounding the USD/JPY pair. ", "Firming expectations that the Federal Reserve (Fed) will more likely skip hiking interest rates in June drags the US Dollar (USD) to its lowest level since May 22 and turns out to be a key factor dragging the USD/JPY pair lower. "
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