(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.51% for the last 21 sessions. At 17:07 EST on Sunday, 21 May, EUR/GBP (EURGBP) is $0.87.
EUR/GBP’s yearly highs and lows, it’s 4.113% up from its 52-week low and 5.987% 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 0.10%, a negative 0.14%, and a positive 0.27%, respectively.
EUR/GBP’s highest amplitude of average volatility was 0.20% (last week), 0.26% (last month), and 0.27% (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, 19 May, "Despite the dovish comments from the BoJ Chief, USD/JPY is keeping its heavy tone intact near 138.00. "
- Usd/jpy price analysis: yen pair retreats from six-month high near 138.50 amid overbought RSI. According to FXStreet on Friday, 19 May, "With this, the USD/JPY remains on the bull’s radar but the four-day ascending trend line and a one-week-old rising support line, respectively near 138.15 and 137.15, restrict short-term pullback of the pair.", "That said, the USD/JPY pair’s latest retreat could be linked to the overbought RSI (14) line, as well as the cautious mood ahead of Federal Reserve (Fed) Chairman Jerome Powell’s speech and US debt ceiling negotiations. "
- Usd/jpy will be trading a lot lower by the end of the year – ING. According to FXStreet on Friday, 19 May, "Neither has the risk environment deteriorated enough nor has US disinflation been strong enough to send USD/JPY sharply lower. ", "However, the US credit crunch makes a recession there more likely, and we have a conviction call that USD/JPY will be trading a lot lower by the end of the year."
- Usd/jpy to rise to 140 by year-end, before falling to 125 by end-2024 – bofa. According to FXStreet on Friday, 19 May, "Economists at the Bank of America expect the USD/JPY pair to remain elevated for the rest of the year before falling in 2024.", "Our forecast is for the USD/JPY to rise to 140 by the end of 2023, before falling to 125 by the end of 2024."
- Usd/jpy price analysis: yen pair retreats from six-month high near 138.50 amid overbought RSI. According to FXStreet on Friday, 19 May, "That said, the USD/JPY pair’s latest retreat could be linked to the overbought RSI (14) line, as well as the cautious mood ahead of Federal Reserve (Fed) Chairman Jerome Powell’s speech and US debt ceiling negotiations. ", "Meanwhile, the USD/JPY pair’s fresh recovery can aim for the latest peak of 138.75, a break of which could propel the quote towards refreshing the yearly high near 139.00."
More news about EUR/GBP (EURGBP).
