(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.98% for the last 10 sessions. At 02:10 EST on Friday, 18 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 8.203% up from its 52-week low and 1.606% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.32%, 0.05%, and 0.25%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.32% (last week), 0.26% (last month), and 0.25% (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 trades with modest gains around mid-146.00s, highest since November 2022. According to FXStreet on Thursday, 17 August, "This, along with the Bank of Japan’s (BoJ) dovish stance weighs on the Japanese Yen (JPY) and lends additional support to the USD/JPY pair.", "This, along with the US bond yields, will influence the USD price dynamics and provide some impetus to the USD/JPY pair."
- Usd/jpy technical analysis: eyes are turning towards the federal reserve’s minutes – 16 August 2023. According to DailyForex on Wednesday, 16 August, "According to the performance on the daily chart below, the general trend of the USD/JPY currency pair is still bullish. "
- Usd/jpy consolidates near mid-145.00s, just below YTD peak set on Tuesday. According to FXStreet on Wednesday, 16 August, "This, in turn, is seen underpinning the Greenback and acting as a tailwind for the USD/JPY pair, though the upside remains capped.", "This might influence the USD price dynamics and provide some impetus to the USD/JPY pair. "
- Usd/jpy lacks bullish conviction around 146.50 YTD top even as yields approach worrisome peak. According to FXStreet on Thursday, 17 August, "On a different page, the mostly firmer US data and mixed Japan numbers also test the USD/JPY pair of late. ", "Overbought RSI joins ascending resistance line from July 21, close to 146.55 by the press time, to challenge USD/JPY buyers. "
- Usd/jpy holds steady amid US housing data, Japanese intervention woes. According to FXStreet on Wednesday, 16 August, "The USD/JPY daily chart portrays the pair peaking around current exchange rates after hitting a year-to-date (YTD) high of 145.94, shy of the 146.00 figure. ", "In the meantime, further USD/JPY upside is expected, but intervention jitters could cap the pair’s uptrend."
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