(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.53% for the last 21 sessions. At 08:08 EST on Tuesday, 13 June, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 7.704% up from its 52-week low and 2.861% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.22%, 0.11%, and 0.24%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.22% (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 edges upward as US bond yields propel gains amid fed-boj’s decisions. According to FXStreet on Monday, 12 June, "However, from a medium-term view, with the daily Exponential Moving Averages (EMAs) positioned below the spot price, the pair is upward, but it needs to crack the top of the range, so the USD/JPY can test the year-to-date (YTD) high of 140.92. ", "The USD/JPY is trading at 139.65, printing modest gains of 0.22% after hitting a daily low of 139.06."
- Usd/jpy prods yen bears near 139.50 as yields retreat, risk dwindles ahead of US inflation. According to FXStreet on Tuesday, 13 June, "It should be noted that the cautious mood ahead of the US inflation data and the looming $3.0 trillion worth of bond issuance from the US Treasury Department, due to the debt-ceiling deal, also exert downside pressure on the sentiment and the USD/JPY price. ", "The RSI (14) line’s retreat joins the increasing strength of the bearish MACD signals to challenge the USD/JPY buyers within a two-week-old symmetrical triangle, currently between 139.90 and 138.85."
- Boj: A lack of policy change is priced-in and May leave usd/jpy in a range – socgen. According to FXStreet on Monday, 12 June, "That a clear signal from the BoJ hasn’t weakened the Yen much at all, suggests that a lack of policy change is priced-in, and may leave USD/JPY in a range, but the options market is right to price for greater downside than upside potential in USD/JPY."
- Usd/jpy ignores downbeat Japan ppi, boj’s wakatabe to drop toward 139.00, focus on US inflation, fed. According to FXStreet on Monday, 12 June, "A two-week-old symmetrical triangle restricts immediate USD/JPY moves between 140.00 and 138.85.", "Moving on, a light calendar on Monday may restrict intraday moves of the USD/JPY pair. "
- Usd/jpy strengthens beyond mid-139.00s on modest USD uptick, lacks bullish conviction. According to FXStreet on Monday, 12 June, "The US Dollar (USD), on the other hand, builds on Friday’s modest bounce from its lowest level since May 24 and gains some follow-through traction, which is seen as another factor that contributes to the bid tone surrounding the USD/JPY pair. ", "The USD/JPY pair gains some positive traction for the second successive day and climbs back above mid-139.00s during the Asian session on Monday."
More news about GBP/EUR (GBPEUR).
