(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.59% for the last 21 sessions. At 01:10 EST on Friday, 9 June, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 7.667% up from its 52-week low and 2.894% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.07%, and 0.24%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.13% (last week), 0.20% (last month), and 0.24% (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 bears ignore sluggish yields to eye 139.00 as boj vs. fed divergence looses charm. According to FXStreet on Wednesday, 7 June, "Looking forward, preliminary readings of April month sentiment data from Japan can entertain the USD/JPY pair traders ahead of Thursday’s Australia’s first quarter (Q1) Gross Domestic Product (GDP).", "A downside break of a one-month-old ascending support line, now immediate resistance near 139.70, directs USD/JPY bears toward the 40-35 support confluence including the previous weekly low and the 21-DMA."
- Usd/jpy snaps two-day winning streak near 140.00 on mixed Japan data, upbeat yields. According to FXStreet on Thursday, 8 June, "It should be noted that recent challenges to the major economies, as perceived from the latest downbeat statistics from the top-tier economies, renew recession fears and weigh on the USD/JPY price. ", "A one-week-old bullish pennant, currently between 140.20 and 139.20, restricts immediate USD/JPY moves amid upbeat oscillators."
- Usd/jpy price analysis: trades with modest losses below 140.00, bullish potential intact. According to FXStreet on Thursday, 8 June, "From a technical perspective, the USD/JPY pair has been oscillating in a range since the beginning of the current week, forming a rectangle on hourly charts. ", "Apart from this, a modest US Dollar (USD) downtick exerts some downward pressure on the USD/JPY pair. "
- Usd/jpy jumps to 140.00 as US yields soar. According to FXStreet on Wednesday, 7 June, "The USD/JPY pair rose for a second consecutive day on Wednesday to currently trade around 140.00. ", "On the other hand, the 139.50 zone level is key for USD/JPY to maintain its upside bias. "
- Usd/jpy: there is more downside room than upside risk – socgen. According to FXStreet on Thursday, 8 June, "By the end of January USD/JPY was 10 figures lower than the yield differential implied, but that gap has halved in recent weeks. ", "That increases the downside potential for USD/JPY (or EUR/JPY) if we do get a BoJ move."
More news about GBP/EUR (GBPEUR).
