(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.56% for the last 21 sessions. At 18:08 EST on Sunday, 25 June, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 7.889% up from its 52-week low and 2.694% 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 negative 0.07%, a positive 0.06%, and a positive 0.23%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.29% (last week), 0.25% (last month), and 0.23% (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 struggles to keep auction above 143.00 as boj’s stealth intervention looks likely. According to FXStreet on Friday, 23 June, "The USD/JPY pair is struggling to maintain stability above the crucial resistance of 143.00 in the London session. "
- Usd/jpy prepares for a fresh rally above 143.50 amid risk-off mood. According to FXStreet on Friday, 23 June, "The USD/JPY pair has witnessed a marginal correction after facing fragile barricades around 143.50 in the early London session. ", "The upside bias for the USD/JPY pair has not faded as the market sentiment is quite negative, which has improved the appeal of the US Dollar Index (DXY)."
- Usd/jpy price analysis: overbought RSI prods bulls at yearly high around 143.00. According to FXStreet on Friday, 23 June, "On the contrary, a downside break of the stated key technical level around 142.50, also known as the golden Fibonacci ratio, can direct the USD/JPY bears towards confirming the rising wedge bearish chart pattern, by poking the 140.80 support.", "Even if the RSI (14) line prods the USD/JPY buyers with a two-month-old rising wedge bearish chart formation, the quote’s successful break of the 61.8% Fibonacci retracement level of October 2022 to January 2023 downside, near 142.50 at the latest, keeps the bulls hopeful."
- Usd/jpy to drop below 130 on a 6-12m horizon – danske bank. According to FXStreet on Friday, 23 June, "We think the USD/JPY seems fundamentally overvalued and combined with potential monetary policy tightening; we expect the cross to drop below 130 on a 6-12M horizon."
- According to FXStreet on Friday, 23 June, "Japanese policymakers continue with their verbal intervention, as the USD/JPY pair trades at the highest level in seven months. "
More news about GBP/EUR (GBPEUR).
