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

ViaNews Editorial Team

November 15, 2023

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

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.51% for the last 21 sessions. At 07:09 EST on Wednesday, 15 November, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR's yearly highs and lows, it's 3.098% up from its 52-week low and 2.464% 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 0.03%, and a positive 0.19%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.19% (last week), 0.19% (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 oversold (<=20).

News about

  • Usd/jpy recovers from sudden plunge, on Japanese authorities intervention threats. According to FXStreet on Monday, 13 November, "Meanwhile, the USD/JPY plunged from around 151.88 daily high toward 151.20 at around 15:01 GMT, with the move halting at around 15:07 GMT at 151.20 as buyers entered the markets, lifting the exchange rate towards the current spot price.", "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. "
  • Usd/jpy technical analysis: cautious waiting for Japanese intervention - 13 November 2023. According to DailyForex on Monday, 13 November, "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. ", "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. "
  • Usd/jpy extends its upside above the mid-151.00s, eyes on US cpi, Japanese GDP data. According to FXStreet on Monday, 13 November, "Traders will take cues from these figures and find trading opportunities around the USD/JPY pair.", "The USD/JPY pair trades in positive territory for the sixth consecutive day during the Asian trading hours on Monday. "
  • According to FXStreet on Monday, 13 November, "At the time of writing, USD/JPY is trading 0.19% higher on the day at 151.80, shrugging off the jawboning."
  • 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.

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