(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.59% for the last 21 sessions. At 19:09 EST on Tuesday, 22 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 8.536% up from its 52-week low and 1.304% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.19%, 0.08%, and 0.26%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.23% (last week), 0.25% (last month), and 0.26% (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 jumps above 146.00 following pboc's unexpected rate cut. According to FXStreet on Monday, 21 August, "At the start of the week, the USD/JPY sees green around 146.20, showing more than 0.60% gains on the day. ", "Observing the daily chart, USD/JPY suggests a bullish sentiment for the near future. "
- Usd/jpy remains on the defensive amid subdued USD price action, holds above 145.00. According to FXStreet on Monday, 21 August, "Investors, however, prefer to wait on the sidelines ahead of the crucial Jackson Hole Symposium later this week, where comments by central bankers might infuse significant volatility in the markets and provide some meaningful impetus to the USD/JPY pair. ", "In the meantime, a more dovish stance adopted by the Bank of Japan (BoJ), which is the only central bank in the world to maintain negative interest rates, should undermine the JPY and lend support to the USD/JPY pair, warranting caution before positioning for an extension of the recent pullback from the YTD peak."
- Usd/jpy technical analysis: bullishness awaits Jackson hole – 21 August 2023. According to DailyForex on Monday, 21 August, "In the near term, and according to the performance on the hourly chart, it appears that the USD/JPY currency pair is trading within a bearish channel formation. ", "On the economic side, the USD/JPY currency pair is trading affected by the results of the latest economic data, as US Initial Jobless Claims for the week ending August 11th exceeded the expected number of 240 thousand with the number of claims recorded at 239 thousand. "
- Usd/jpy price analysis: remains confined around 145.40 amid the cautious mood. According to FXStreet on Monday, 21 August, "The USD/JPY pair oscillates in a narrow range below the mid-145.00s heading into the early Asian session on Monday. ", "Any meaningful follow-through buying above the latter would challenge a psychological round figure at 147.00, which will be a tough nut to crack for the USD/JPY pair. "
- Usd/jpy treads water around 145.40, focus on Jackson hole symposium. According to FXStreet on Monday, 21 August, "Such a step could impact the price movement of the USD/JPY pair, influencing its overall price action."
More news about GBP/EUR (GBPEUR).
