GBP/EUR Is 1% Down In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.82% for the last 10 sessions. At 16:07 EST on Monday, 5 August, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 2.192% up from its 52-week low and 2.264% 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 0.21%, a negative 0.04%, and a positive 0.15%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.34% (last week), 0.18% (last month), and 0.15% (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

  • According to FXStreet on Monday, 5 August, "At press time, USD/JPY is off the seven-month lows of 144.76, trading near 145.35, still down 0.83% on the day."
  • According to FXStreet on Monday, 5 August, "On the upside, the USD/JPY pair might encounter resistance around the nine-day Exponential Moving Average (EMA) at 150.13. "
  • According to FXStreet on Monday, 5 August, "For the time being, however, expect the focus to remain on the likes of USD/JPY and USD/CHF – both of which could drop further. "
  • According to FXStreet on Monday, 5 August, "It is hard to argue with USD/JPY extending this correction to the 140 area, ING’s FX strategist Chris Turner notes.", "It is hard to argue with USD/JPY extending this correction to the 140 area - which we had seen as the outside risk last week."
  • Usd/jpy: cautious of getting carried away – OCBC. According to FXStreet on Monday, 5 August, "The large misalignment merely suggests that is room for USD/JPY to head lower over time. ", "Back during May - Jul, USD/JPY had earlier traded much higher while UST yields and UST-JGB yield differentials went the other way lower."

More news about GBP/EUR (GBPEUR).

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