(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.21% for the last 10 sessions. At 17:10 EST on Friday, 21 July, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR’s yearly highs and lows, it’s 6.788% up from its 52-week low and 3.687% 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 0.24%, a negative 0.03%, and a positive 0.26%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.28% (last week), 0.29% (last month), and 0.26% (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 is understandably recovering some lost ground – MUFG. According to FXStreet on Wednesday, 19 July, "The renewed bounce in USD/JPY was in part triggered by comments from Governor Ueda at the G20 summit in India on Tuesday. ", "But in a backdrop of improved risk appetite and soft-landing optimism, USD/JPY is understandably recovering some lost ground."
- Usd/jpy consolidates in a range around mid-139.00s, below weekly top set on Wednesday. According to FXStreet on Thursday, 20 July, "The downside for the USD/JPY pair, meanwhile, seems cushioned on the back of Bank of Japan (BoJ) Governor Kazuo Ueda’s dovish remarks earlier this week.", "The USD/JPY pair lacks any firm intraday direction and oscillates in a narrow trading band around mid-139.00s through the Asian session on Thursday, below the one-week high touched the previous day."
- Usd/jpy justifies risk-barometer status above 139.00, ignores softer yields, fed bias. According to FXStreet on Wednesday, 19 July, "A daily closing beyond the four-month-old support-turned-resistance, around 139.60 by the press time, becomes necessary for the USD/JPY bulls to retake control.", "Furthermore, fears surrounding Japan Prime Minister (PM) Fumio Kishida’s cabinet reshuffle and pessimism among the big industrial houses from Tokyo weigh on the Japanese Yen (JPY) and favor the USD/JPY bulls."
- Usd/jpy price analysis: next hurdle is seen at 140.00 area. According to FXStreet on Thursday, 20 July, "That said, concerns over China’s economic slowdown, deteriorating US-China ties, and geopolitical tensions might support the safe-haven Japanese Yen (JPY), which could cap the upside of the USD/JPY pair.", "The USD/JPY pair holds ground around 139.20 in the Asian trading hours after retreating from a weekly high near the 140.00 mark on Wednesday. "
- Usd/jpy price analysis: not out of the woods yet, bearish flag spotted on hourly charts. According to FXStreet on Wednesday, 19 July, "Apart from this, a modest US Dollar (USD) uptick is seen as a key factor lending some support to the USD/JPY pair. ", "Furthermore, oscillators on the daily chart are holding deep in the negative territory and validate the negative outlook for the USD/JPY pair."
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