GBP/EUR Bearish Momentum: 0.968% Down In The Last 24 Hours

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.9684% for the last session’s close. At 09:13 EST on Wednesday, 1 March, GBP/EUR (GBPEUR) is $1.13.

GBP/EUR (GBPEUR) Range

About GBP/EUR’s daily highs and lows, it’s 0.793% down from its trailing 24 hours low of $1.13 and 1.418% down from its trailing 24 hours high of $1.14.

GBP/EUR’s yearly highs and lows, it’s 4.125% up from its 52-week low and 7.622% 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 positive 0.11%, a negative 0.05%, and a positive 0.31%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.28% (last week), 0.33% (last month), and 0.31% (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 retraces to 136.00 as yields pull back from multi-day high, boj talks eyed. According to FXStreet on Monday, 27 February, "A two-month-old ascending resistance line restricts immediate USD/JPY run-up around 136.50 ahead of convergence of the 100-DMA and the 200-DMA, around 137.10-15.", "It should be noted that the mixed concerns surrounding the incoming BoJ board seemed to have also challenged the USD/JPY buyers. "
  • Usd/jpy price analysis: bears lurking near 136.50. According to FXStreet on Monday, 27 February, "In turn, USD/JPY rallied hard but it is now in a corrective territory as the following illustrates:"
  • Eur/usd to move lower, usd/jpy risks lean higher – TDS. According to FXStreet on Monday, 27 February, "Economists at TD Securities discuss the outlook of the EUR/USD, USD/CAD and USD/JPY pairs."
  • Usd/jpy remains on the defensive below YTD peak amid softer usd, bullish potential intact. According to FXStreet on Monday, 27 February, "The USD/JPY pair corrects from a fresh YTD top touched earlier this Monday and remains on the defensive through the first half of the European session. ", "A softer tone surrounding the US Treasury bond yields trigger a modest US Dollar pullback from a seven-week high, which, in turn, is seen exerting some downward pressure on the USD/JPY pair. "
  • Usd/jpy: yen vulnerable to a further correction lower – MUFG. According to FXStreet on Monday, 27 February, "The recent move higher in US rates has helped to lift USD/JPY back above the 135.00level and it has continued to move closer to its’ 200-Day Moving Average that comes in at around 137.10."

More news about GBP/EUR (GBPEUR).

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