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GBP/EUR Is 1% Up In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.62% for the last 21 sessions. At 18:08 EST on Monday, 20 March, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 5.891% up from its 52-week low and 5.512% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.23%, 0.07%, and 0.32%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.33% (last week), 0.32% (last month), and 0.32% (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 oversold (<=20).

News about

  • Usd/jpy recovers a few pips from over a one-month low, finds some support near mid-130.00s. According to FXStreet on Monday, 20 March, "The USD/JPY pair retreats over 200 pips from the daily swing high and drops to its lowest level since February 10 during the first half of the European session on Monday. ", "The aforementioned fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the downside. "
  • Usd/jpy price analysis: recovers a major part of early lost ground to over a one-month low. According to FXStreet on Monday, 20 March, "The USD/JPY pair finds decent support in the vicinity of the mid-130.00s and stages a goodish intraday recovery of over 100 pips from its lowest level since February 10 touched earlier this Monday. ", "Apart from this, the Fed-Bank of Japan (BoJ) policy outlook turns out to be another factor that assists the USD/JPY pair to attract some buyers at lower levels. "
  • Usd/jpy forecast: dollar pulls back against the yen – 20 March 2023. According to DailyForex on Monday, 20 March, "In the USD/JPY currency pair, the ¥132.50 level has proven to be a strong support area. ", "Market participants should exercise caution with position sizing and closely monitor developments in the bond market, as these factors will continue to drive the USD/JPY currency pair’s movements."
  • Usd/jpy traces firmer yields around 132.50 as boj defends easy policy, central banks eye liquidity infusion. According to FXStreet on Monday, 20 March, "Despite the latest rebound, a daily closing beyond the 50-DMA hurdle surrounding 132.50 becomes necessary for the USD/JPY bulls to retake control. ", "Moving forward, the bond market moves will be crucial for the USD/JPY pair traders to watch. "

More news about GBP/EUR (GBPEUR).

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