(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.26% for the last 10 sessions. At 02:07 EST on Wednesday, 19 July, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 6.816% up from its 52-week low and 3.662% 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 0.23%, a negative 0.02%, and a positive 0.25%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.34% (last week), 0.28% (last month), and 0.25% (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
- Usd/jpy ticks down to mid-138.00s, holds above two-month low touched on Friday. According to FXStreet on Monday, 17 July, "The USD/JPY pair struggles to capitalize on Friday’s goodish rebound from the 137.25 area, or a nearly two-month low and kicks off the new week on a subdued note. ", "In the meantime, speculations that the Bank of Japan (BoJ) could adjust its Yield Curve Control (YCC) policy as soon as this month might continue to underpin the Japanese Yen (JPY) and act as a headwind for the USD/JPY pair. "
- Usd/jpy steadily climbs closer to 139.00 mark, upside potential seems limited. According to FXStreet on Tuesday, 18 July, "A turnaround in the global risk sentiment – as depicted by the overnight rally in the US equity markets – undermines the safe-haven Japanese Yen (JPY) and acts as a tailwind for the USD/JPY pair. ", "The USD/JPY pair attracts some buying during the Asian session on Tuesday and steadily climbs back closer to the 139.00 mark, albeit lacks follow-through and remains confined well within the previous day’s broader trading range."
- Usd/jpy: 145 could now prove a solid cap – ING. According to FXStreet on Monday, 17 July, "A sustained move lower in USD/JPY will require some follow-up - i.e. either from the BoJ or US data."
- Usd/jpy trades with modest losses below mid-138.00s amid softer risk tone, fresh USD selling. According to FXStreet on Monday, 17 July, "The data might influence the USD price dynamics and provide some impetus to the USD/JPY pair. ", "Moreover, speculations that the Bank of Japan (BoJ) could adjust its Yield Curve Control (YCC) policy as soon as this month further underpin the JPY and exert some downward pressure on the USD/JPY pair."
- Usd/jpy clings to mild losses below 139.00, traces sluggish yields ahead of US retail sales. According to FXStreet on Tuesday, 18 July, "Looking ahead, the US Retail Sales for June, expected to rise to 0.5% versus 0.3% prior, will be crucial to watch for clear directions of the USD/JPY pair. ", "It’s worth noting that the market sentiment is also sluggish and hence restricts the immediate moves of the USD/JPY pair. "
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