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

ViaNews Editorial Team

September 24, 2024

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

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.55% for the last 21 sessions. At 18:09 EST on Tuesday, 24 September, GBP/EUR (GBPEUR) is $1.20.

GBP/EUR's yearly highs and lows, it's 5.155% up from its 52-week low and 0.017% 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%, 0.08%, and 0.20%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.34% (last week), 0.19% (last month), and 0.20% (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

  • According to FXStreet on Monday, 23 September, "A breakthrough above this level could support the USD/JPY pair to test the psychological level of the 145.00.", "On the downside, the USD/JPY pair could test the 21-day Exponential Moving Average (EMA) at the 143.76 level, followed by the nine-day EMA at the 143.00 level. "
  • Usd/jpy price forecast: slips on soft US pmis, drops below 144.00. According to FXStreet on Monday, 23 September, "From a technical standpoint, the USD/JPY is downward biased despite printing a leg-up after bouncing from the September 16 low of 139.58 to the September 20 high of 144.49. ", "The USD/JPY snapped two days of gains and dropped late in the North American session following softer-than-expected US economic data, fueling rate cut speculation by the Federal Reserve. "
  • According to FXStreet on Tuesday, 24 September, "On the downside, the USD/JPY pair may test the nine-day EMA at the 143.01 level. ", "A breakout above this level could enable the USD/JPY pair to challenge the psychological barrier of 145.00."
  • Usd/jpy price forecast: struggles at 144.00 tumbles after hitting two-week peak. According to FXStreet on Tuesday, 24 September, "The USD/JPY retreats after hitting a two-week high of 144.68, sliding some 0.28%. ", "Conversely, if USD/JPY edged toward the Kijun-Sen at 143.44 and clears that level, the pair could aim to challenge 144.00. "

More news about GBP/EUR (GBPEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.