(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.27% for the last 10 sessions. At 15:07 EST on Thursday, 20 July, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 6.862% up from its 52-week low and 3.62% 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 negative 0.20%, a negative 0.04%, and a positive 0.26%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.31% (last week), 0.29% (last month), and 0.26% (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
- Usd/jpy price analysis: not out of the woods yet, bearish flag spotted on hourly charts. According to FXStreet on Wednesday, 19 July, "Furthermore, oscillators on the daily chart are holding deep in the negative territory and validate the negative outlook for the USD/JPY pair.", "The USD/JPY pair edges higher on Wednesday and climbs back above the 139.00 mark during the Asian session, back closer to the top boundary of its weekly range. "
- Usd/jpy steadily climbs closer to 139.00 mark, upside potential seems limited. According to FXStreet on Tuesday, 18 July, "Apart from this, worries about a global economic downturn, fueled by weaker Chinese GDP print on Monday – should limit losses for the safe-haven JPY and contribute to capping gains for the USD/JPY pair. ", "The USD/JPY pair attracts some buying during the Asian session on Tuesday and steadily climbs back closer to the 139.00 mark, albeit lacks follow-through and remains confined well within the previous day’s broader trading range."
- Usd/jpy justifies risk-barometer status above 139.00, ignores softer yields, fed bias. According to FXStreet on Wednesday, 19 July, "However, the US 10-year and two-year Treasury bond yields stay pressured at 3.76% and 4.74% by the press time and prod the USD/JPY bulls of late.", "A daily closing beyond the four-month-old support-turned-resistance, around 139.60 by the press time, becomes necessary for the USD/JPY bulls to retake control."
- Usd/jpy falls back to near 138.00 as US dollar remains uncertain ahead of retail sales. According to FXStreet on Tuesday, 18 July, "The USD/JPY pair has dropped back to near the crucial support of 138.00 in the European session. "
- Usd/jpy clings to mild losses below 139.00, traces sluggish yields ahead of US retail sales. According to FXStreet on Tuesday, 18 July, "A failure to cross the previous support line stretched from late March, around 139.50 by the press time, directs USD/JPY bears toward a convergence of the 100 and 200 SMAs near 137.00.", "Additionally, mixed concerns about the global central bankers’ next moves, with the looming Fed rate hike in July, also prod the USD/JPY pair traders."
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