(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.94% for the last 10 sessions. At 00:06 EST on Thursday, 26 October, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR’s yearly highs and lows, it’s 2.856% up from its 52-week low and 2.693% 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 0.11%, a negative 0.03%, and a positive 0.21%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.17% (last week), 0.15% (last month), and 0.21% (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 DailyForex on Wednesday, 25 October, "One crucial factor to monitor in the GBP/JPY equation is the USD/JPY pair, which serves as a barometer of the Japanese yen’s overall strength or weakness. ", "The relationship between GBP/JPY and USD/JPY is an essential aspect of this dynamic, highlighting the interconnectedness of global currencies and risk sentiment. "
- Usd/jpy hovers below 150.00 as US dollar stabilizes post recent gains. According to FXStreet on Wednesday, 25 October, "The Bank of Japan’s (BoJ) actions, coupled with the USD/JPY nearing a potential breach of the 150 mark, may not create the impression that the government is exhaustively addressing the inflation challenge.", "In a TV interview on Tuesday, Japanese Prime Minister Fumio Kishida refrained from attempting to influence the USD/JPY pair through verbal intervention. "
- Usd/jpy technical analysis: the strongest upward trend – 24 October 2023. According to DailyForex on Tuesday, 24 October, "According to the performance on the daily chart, the general trend of the USD/JPY is still bullish, and we still expect a move towards the psychological resistance of 150.00 as a test tube for markets, investors, and even Japanese officials. ", "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`});At the beginning of this week’s trading, the USD/JPY jumped towards the psychological resistance level of 150.00 for a very short time before retreating towards the support level of 149.55 at the time of writing the analysis."
- Usd/jpy remains trapped near 150.00 as investors dare boj to intervene. According to FXStreet on Wednesday, 25 October, "The USD/JPY continues to cycle close to the 150.00 major handle, and the pair has constrained into a tight holding pattern after failing to make a meaningful break after tipping into 150.16 at the beginning of October.", "With the USD/JPY pair trapped just south of 150.00, technical indicators are beginning to break down on the intraday level and daily candlesticks are churning out successive spinning top candle signals as the pair moves nowhere fast."
- Usd/jpy: Japanese officials to intervene at the earliest feasible moment – MUFG. According to FXStreet on Tuesday, 24 October, "The BoJ’s actions and USD/JPY threatening to break above 150 will not help form an impression that the government is doing all it can to fight inflation. ", "That could prove difficult right now given the stability in the USD/JPY market but the poor showing in these elections will certainly encourage intervention at the earliest feasible moment."
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