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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.39% for the last 10 sessions. At 15:08 EST on Tuesday, 7 February, GBP/EUR (GBPEUR) is $1.12.

GBP/EUR’s yearly highs and lows, it’s 3.838% up from its 52-week low and 7.877% 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 0.41%, a negative 0.02%, and a positive 0.36%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.51% (last week), 0.30% (last month), and 0.36% (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

  • Breaking: boj intervention sinking usd/jpy. According to FXStreet on Tuesday, 7 February, "At the time, USD/JPY was soaring and made life uncomfortable for the Japanese central bank."
  • Usd/jpy eases from multi-week top, bullish potential intact amid post-nfp USD strength. According to FXStreet on Monday, 6 February, "Apart from this, the broader risk sentiment will drive demand for the safe-haven JPY and contribute to producing short-term opportunities around the USD/JPY pair.", "The USD/JPY pair struggles to capitalize on its modest bullish gap opening and retreats a few pips from over a three-week high touched earlier this Monday. "
  • Usd/jpy price analysis: bulls move in and target 133.00 ahead of the 200-dma. According to FXStreet on Monday, 6 February, "The USD/JPY shifted neutral biased after gapping up from around 131.20 to current exchange rates. ", "However, it should be said that the USD/JPY would face the trend-setter 200-day EMA at 133.88, which, once cleared, would pave the way to test the 100-day EMA above the 135.00 figure."
  • Usd/jpy skids below 132.50 as boj confirms stealth intervention. According to FXStreet on Tuesday, 7 February, "The USD/JPY pair has slipped below the immediate cushion of 132.50 in the Asian session. ", "On the Japanese Yen front, the stealth intervention by the BoJ might have been conducted amid fresh concerns that further interest rate hikes by the Fed will weaken the USD/JPY broadly."
  • Usd/jpy: the ingredients are in place for a renewed move lower – HSBC. According to FXStreet on Monday, 6 February, "A move lower in USD/JPY over the coming few weeks will mostly rely on the outlook for BoJ policy change, but other more medium-term forces (such as improving current account balance) should also be helping in the background."

More news about GBP/EUR (GBPEUR).

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