(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.82% for the last 5 sessions. At 17:06 EST on Monday, 28 August, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 7.657% up from its 52-week low and 1.104% 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 0.11%, a positive 0.01%, and a positive 0.26%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.24% (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 overbought (>=80).
News about
- Usd/jpy stabilizes above 146.00 as yields, US dollar retreat, clues about fed–boj divergence eyed. According to FXStreet on Monday, 28 August, "It should be noted that the recently mixed details of Japan’s Coincident Index for June and the Leading Economic Index for the said month also prod the USD/JPY pair traders.", "Looking ahead, USD/JPY pair traders should seek clues to justify the monetary policy divergence between the BoJ and the Fed for clear directions. "
- Usd/jpy consolidates its gains around 146.50 on the fed’s powell hawkish stance. According to FXStreet on Monday, 28 August, " On the US Dollar front, hawkish comments from the central banks’ policymakers limit the upside of the Japanese Yen and support the USD/JPY pair. ", "The events will be critical for determining a clear movement for the USD/JPY pair."
- Usd/jpy technical analysis: upward trend is stronger – 28 August 2023. According to DailyForex on Monday, 28 August, "Accordingly, the dollar pair against the yen USD/JPY jumped towards the resistance level of 146.63 after declining in the middle of the trading of the same week towards the level of 144.53. ", "At the end of last week’s trading, the price of the USD/JPY currency pair got a strong positive boost from hints from the officials of the American central bank to continue the pace of raising the American interest rate. "
- Usd/jpy consolidates around mid-146.00s, bulls have the upper hand near YTD peak. According to FXStreet on Monday, 28 August, "The USD/JPY pair kicks off the new week on a subdued note and oscillates in a narrow trading band around mid-146.00s through the Asian session, just below its highest level since November 2022 touched on Friday.", "This, in turn, might provide some impetus to the USD/JPY pair ahead of this week’s important US macro data scheduled at the beginning of a new month, including the closely-watched monthly employment details - popularly known as the NFP report on Friday."
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