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GBP/EUR Bullish By 1% In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.6% for the last 21 sessions. At 08:09 EST on Friday, 16 June, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 8.231% up from its 52-week low and 2.386% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.06%, 0.07%, and 0.23%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.33% (last week), 0.22% (last month), and 0.23% (last quarter), respectively.

News about

  • According to FXStreet on Wednesday, 14 June, "This especially benefits the USD against low / falling yielders like JPY and CNH, and helps support our existing USD/JPY 145.00 near-term target and also our view that USD/CNH can rise easily towards 7.30."
  • Usd/jpy trades with mild negative bias around 140.00, downside seems limited ahead of fed. According to FXStreet on Wednesday, 14 June, "This, in turn, should act as a tailwind for the USD/JPY pair and help limit any meaningful downfall.", "The USD/JPY pair is seen oscillating in a narrow trading band during the Asian session on Wednesday and consolidating its gains registered over the past three days. "
  • According to FXStreet on Thursday, 15 June, "Amidst the relentless rally in the USD/JPY pair, Japanese Chief Cabinet Secretary Matsuno is out with some verbal intervention to rescue the Yen.", "At the time of writing, USD/JPY is flirting with 141.00, shrugging off the above comments. "
  • Usd/jpy falls below the 20-day SMA after US ppi, ahead of the fed. According to FXStreet on Wednesday, 14 June, "The USD/JPY lost over 60 pips during the New York session as the Greenback faced severe selling pressure after Producer Price Index (PPI) data from the US showed lower-than-expected ‘factory gate’ inflation. ", "In terms of technical analysis, USD/JPY maintains a neutral stance for the short term as indicators turn red on the daily chart. "
  • Usd/jpy price analysis: previous resistance line, fed’s hawkish halt keeps yen bears hopeful past 139.90. According to FXStreet on Wednesday, 14 June, "Apart from the previous resistance line, the bullish MACD signals and upbeat RSI (14) line also keeps the USD/JPY buyers hopeful.", "Following that, the 61.8% Fibonacci Expansion (FE) of its May 16 to June 01 moves, near 141.70, could gain the USD/JPY bull’s attention."

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