(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.3% for the last 10 sessions. At 06:09 EST on Monday, 8 May, EUR/GBP (EURGBP) is $0.87.
EUR/GBP’s yearly highs and lows, it’s 4.664% up from its 52-week low and 5.489% down from its 52-week high.
Volatility
EUR/GBP’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.44%, a negative 0.07%, and a positive 0.28%, respectively.
EUR/GBP’s highest amplitude of average volatility was 0.44% (last week), 0.25% (last month), and 0.28% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/GBP’s Forex is considered to be overbought (>=80).
News about
- External backdrop is supportive for a lower usd/jpy – MUFG. According to FXStreet on Monday, 8 May, "The main upside risks in the week ahead for USD/JPY are posed by the release of the US CPI report for April if it shows more persistent inflation pressures although we expect the US rate market to remain reluctant to price in more hikes at current juncture.", "We continue to believe that the external backdrop is supportive for a lower USD/JPY which remains significantly overvalued."
- Usd/jpy climbs above 135.00 on dovish boj minutes, US biden-mccarthy meeting in focus. According to FXStreet on Monday, 8 May, "The USD/JPY pair has jumped above the crucial resistance of 135.00 in the Asian session. "
- Usd/jpy price analysis: yen pares boj minutes-led gains below 135.00 as 50-sma prods bulls. According to FXStreet on Monday, 8 May, "With this, the USD/JPY bulls appear well-set to cross the 50-SMA hurdle surrounding 135.25. "
- Usd/jpy eases from three-day high amid weaker usd, up a little around 135.00 mark. According to FXStreet on Monday, 8 May, "Apart from this, the broader risk sentiment might allow traders to grab short-term opportunities around the USD/JPY pair. ", "Apart from this, a generally positive risk tone undermines the safe-haven Japanese Yen (JPY) and acts as a tailwind for the USD/JPY pair. "
More news about EUR/GBP (EURGBP).
