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GBP/EUR Over 2% Down In The Last 21 Sessions

ViaNews Editorial Team

November 14, 2023

GBP/EUR Over 2% Down In The Last 21 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 2.07% for the last 21 sessions. At 05:08 EST on Tuesday, 14 November, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR's yearly highs and lows, it's 3.017% up from its 52-week low and 2.54% down from its 52-week high.

Volatility

GBP/EUR's last week, last month's, and last quarter's current intraday variation average was a negative 0.17%, a negative 0.04%, and a positive 0.19%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.17% (last week), 0.18% (last month), and 0.19% (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).

News about

  • Usd/jpy recovers from sudden plunge, on Japanese authorities intervention threats. According to FXStreet on Monday, 13 November, "Following a probable intervention, the USD/JPY is forming a 'spinning top,' and a 'double top' chart pattern could be emerging, though a break of the latest cycle low, seen at 149.18, is crucial to pave the way for a pullback. ", "The USD/JPY paired some of its earlier losses after plunging 67 pips in the last hour to a daily low of 151.20 amid the lack of news and reiterating comments of Japanese authorities that FX moves are undesirable and reflect fundamentals. "
  • Usd/jpy technical analysis: cautious waiting for Japanese intervention - 13 November 2023. According to DailyForex on Monday, 13 November, "In the near term, and according to the performance on the hourly chart, it appears that the USD/JPY currency pair is trading within an ascending channel formation. ", "In the long term, and according to the performance on the daily chart, it also appears that the USD/JPY is trading within an upward channel. "
  • Usd/jpy: position for a trading range 145-150 from now until Q1 2024 – TDS. According to FXStreet on Monday, 13 November, "Likely, MoF officials are buying time for the BoJ and may choose to ease off the pressure on USD/JPY through FX interventions as a weak JPY has become a political issue for the government amid rising cost-of-living pressures."
  • Usd/jpy price analysis: moves on the upward trajectory toward 152.00 level. According to FXStreet on Monday, 13 November, "On the flip side, the USD/JPY pair could meet the support at the 21-day Exponential Moving Average (EMA) at 150.35, followed by the 150.00 psychological level. ", "(This story was corrected on November 13 at 10:30 GMT to say, in the second paragraph,that the USD/JPY next resistance level is at 152.50, not support level.)"
  • Forex today: usd/jpy reaches new 1-year high price - 13 November 2023. According to DailyForex on Monday, 13 November, "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});The US Dollar is strong, as it was at the end of last week, and this has boosted the USD/JPY currency pair to a new 1-year high price below ¥152. "

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.