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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.97% for the last 21 sessions. At 15:13 EST on Monday, 29 January, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 5.343% up from its 52-week low and 0.34% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.08%, 0.09%, and 0.17%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.09% (last week), 0.16% (last month), and 0.17% (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

  • According to FXStreet on Monday, 29 January, "This, along with the underlying bullish tone surrounding the US Dollar (USD), assists the USD/JPY pair to hold above the 148.00 mark during the Asian session.", "Any further slide is likely to attract some buyers near the 147.00 round figure, which should help limit the downside for the USD/JPY pair near the 146.45 area or last week’s swing low. "
  • Usd/jpy analysis: all eyes on the fed – 29 January 2024. According to DailyForex on Monday, 29 January, "So far, we still prefer to buy the USD/JPY pair from every falling level, and the closest support levels for the currency pair are currently 146.60 and 145.00, respectively."

More news about GBP/EUR (GBPEUR).

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