(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.8% for the last 10 sessions. At 14:09 EST on Monday, 6 February, GBP/EUR (GBPEUR) is $1.12.
GBP/EUR’s yearly highs and lows, it’s 3.69% up from its 52-week low and 8.008% down from its 52-week high.
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).
- According to FXStreet on Sunday, 5 February, "Following the news, the USD/JPY pair defends Friday’s recovery moves around 131.85, up nearly half a percent intraday."
- Usd/jpy price analysis: renews three-week high but 50-dma probes bulls. According to FXStreet on Monday, 6 February, "However, the 50-DMA hurdle surrounding 132.70 presently challenges the USD/JPY bulls. ", "In addition to the upside break of the previous resistance line from late November 2022 and the 21-DMA, bullish MACD signals and upbeat RSI (14), not overbought, also keep the USD/JPY buyers hopeful."
- 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 prevalent risk-off environment – as depicted by a generally weaker tone around the equity markets – underpins the safe-haven Japanese Yen (JPY) and acts as a headwind for the USD/JPY pair. "
- 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."
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