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GBP/EUR Bearish By 1% In The Last 21 Sessions

ViaNews Editorial Team

November 2, 2023

GBP/EUR Bearish By 1% In The Last 21 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.88% for the last 21 sessions. At 20:12 EST on Wednesday, 1 November, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR's yearly highs and lows, it's 3.323% up from its 52-week low and 2.251% 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 0.04%, a negative 0.02%, and a positive 0.21%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.18% (last week), 0.14% (last month), and 0.21% (last quarter), respectively.

News about

  • Usd/jpy finds support above the 149.00 mark ahead of boj rate decision. According to FXStreet on Tuesday, 31 October, "The USD/JPY pair finds support above the 149.00 mark during early Asian trading hours on Tuesday. ", "The hawkish comments from Fed officials might cap the downside of the Greenback and act as a tailwind for the USD/JPY pair. "
  • Usd/jpy spikes to fresh daily top, retakes 150.00 mark after boj policy decision. According to FXStreet on Tuesday, 31 October, "Investors will look for cues about the Fed's future rate-hike path, which will play a key role in influencing the near-term USD price dynamics and help determine the next leg of a directional move for the USD/JPY pair.", "This continues to weigh on the Japanese Yen (JPY) and lends support to the USD/JPY pair."
  • According to DailyForex on Tuesday, 31 October, "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 USD/JPY currency pair rose strongly during the Asian to again trade well above the big round number at ¥150 after the Bank of Japan made a smaller change than expected to its yield curve control settings. "
  • Usd/jpy to push ahead to 152 and prompt aggressive FX intervention – ING. According to FXStreet on Tuesday, 31 October, "Today's BoJ meeting has not triggered the reset on how we view the Yen and the risk is now that USD/JPY pushes ahead to 152 and prompts the central bank into aggressive FX intervention."
  • Usd/jpy price analysis: remains above 151.00 post retreating from a yearly high. According to FXStreet on Wednesday, 1 November, "On the upside, the USD/JPY could face resistance near the highs marked in October 2022 at 151.94, which is lined up with a 152.00 psychological level.", "Furthermore, the 14-day Relative Strength Index (RSI) above the 50 level indicates a favorable market sentiment, supporting the notion of bullish momentum for the USD/JPY pair."

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.

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