(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.53% for the last 21 sessions. At 13:08 EST on Wednesday, 8 November, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR's yearly highs and lows, it's 3.089% up from its 52-week low and 2.472% 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 positive 0.13%, a negative 0.01%, and a positive 0.21%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.26% (last week), 0.17% (last month), and 0.21% (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 consolidates in a range around 150.00, modest USD strength lends support. According to FXStreet on Tuesday, 7 November, "This led to a goodish recovery in the US Treasury bond yields, which, in turn, is seen acting as a tailwind for the Greenback and the USD/JPY pair.", "The USD/JPY pair struggles to capitalize on the previous day's positive move and seesaws between tepid gains/minor losses during the Asian session on Tuesday. "
- Usd/jpy trades with a mild positive bias above mid-149.00s, lacks follow-through. According to FXStreet on Monday, 6 November, "Apart from this, the Bank of Japan's dovish stance, along with the prevalent risk-on environment, is seen undermining the safe-haven Japanese Yen (JPY) and acting as a tailwind for the USD/JPY pair.", "Apart from this, speculations that Japanese authorities will intervene in the FX market, to combat a sustained depreciation in the domestic currency, further contribute to capping the upside for the USD/JPY pair. "
- Usd/jpy technical analysis: when can you buy? - 06 November 2023. According to DailyForex on Monday, 6 November, "Recently, USD/JPY record gains reached the resistance level of 151.70, its highest level in a year, and we recommended Selling near that peak resulted in strong gains.", "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 descending channel. "
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