EUR/GBP Falls By 1% In The Last 10 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.08% for the last 10 sessions. At 17:06 EST on Friday, 12 July, EUR/GBP (EURGBP) is $0.84.

EUR/GBP’s yearly highs and lows, it’s 0.072% up from its 52-week low and 4.209% 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 0.11%, a negative 0.02%, and a positive 0.16%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.14% (last week), 0.14% (last month), and 0.16% (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

  • According to FXStreet on Friday, 12 July, "After the highly-anticipated Japan’s intervention in the forex market on Thursday, USD/JPY witnessed wild swings again in the early Asian session, suggesting another intervention attempt. "
  • Usd/jpy falls off a cliff after US inflation miss. According to FXStreet on Thursday, 11 July, "Despite the decline in USD/JPY on the back of the lower US inflation reading and its contrast to higher Japanese PPI inflation data for the same period, the downside for the USD/JPY pair may be limited as the prospects of the Bank of Japan (BoJ) lifting interest rates substantially remain low."
  • According to FXStreet on Thursday, 11 July, "The USD/JPY pair may aim for psychological resistance near 163.00, located at the upper boundary of the ascending channel. "
  • Usd/jpy price analysis: trends upward for third-straight day, buyers eye 162.00. According to FXStreet on Wednesday, 10 July, "If those two levels are surpassed, the USD/JPY could be set for a drop to 160.00 and below.", "If USD/JPY decisively clears 162.00, the next resistance would be 163.00, and the November 1986 high of 164.87."
  • Usd/jpy holds above 159.00, traders are on high alert for more intervention. According to FXStreet on Friday, 12 July, "The USD/JPY pair holds positive ground near 159.10 after bouncing off a nearly three-week low of 157.41 during the early Asian trading hours on Friday. ", "The further possible intervention from officials is likely to support the JPY and act as a headwind for USD/JPY for the time being."

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