GBP/EUR Bearish By 1% In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.15% for the last 10 sessions. At 05:07 EST on Wednesday, 27 September, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 4.26% up from its 52-week low and 2.285% 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 0.26%, a negative 0.08%, and a positive 0.26%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.37% (last week), 0.24% (last month), and 0.26% (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

  • According to FXStreet on Tuesday, 26 September, "Whilst higher US yields may push USD/JPY close to 150, they also increase the risk of an equity setback. ", "That is why we think an instrument like the one-month USD/JPY downside risk reversal may be too conservatively priced."
  • Usd/jpy surges to 11-month high around 148.90 on market caution, upbeat US treasury yields. According to FXStreet on Tuesday, 26 September, "These dovish comments could undermine the Yen and may contribute to the support for the USD/JPY pair."
  • Usd/jpy flat-lines below 148.50 amid the FX intervention fear. According to FXStreet on Monday, 25 September, "This, in turn, might cap the upside of the US Dollar (USD) and act as a headwind for the USD/JPY pair. ", "Traders will take cues from these figures and find trading opportunities around the USD/JPY pair."
  • Usd/jpy signal: upward surge driven by interest rate differentials – 26 September 2023. According to DailyForex on Tuesday, 26 September, "The USD/JPY is going to be at least 150 at this point, and as long as we stay above the 148 level, this remains a bullish setup. "
  • Usd/jpy: there is certainly a chance of a break above the 150 level – MUFG. According to FXStreet on Tuesday, 26 September, "We have a neutral bias for the period ahead for USD/JPY reflecting the potential for an upside move initially but also reflecting the unlikelihood that a break higher would be sustained for long.", "Increased volatility and higher trading ranges are likely if USD/JPY does break higher through the 150 level."

More news about GBP/EUR (GBPEUR).

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