(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.03% for the last 10 sessions. At 01:08 EST on Thursday, 21 December, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR’s yearly highs and lows, it’s 3.7% up from its 52-week low and 1.894% 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 0.13%, a positive 0.07%, and a positive 0.19%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.27% (last week), 0.20% (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 overbought (>=80).
News about
- Usd/jpy edges higher ahead of boj decision, rising US yields. According to FXStreet on Monday, 18 December, "In Monday ‘s session, the USD/JPY pair is making notable strides upward, trading around the 143.00 level. "
- According to FXStreet on Tuesday, 19 December, "Traders might also refrain from placing aggressive bullish bets around the USD/JPY pair ahead of the BoJ Governor Kazuo Ueda’s post-meeting press conference, which will be scrutinized for the possibility of an imminent shift in the policy stance next year.", "The Japanese Yen (JPY) comes under heavy selling pressure and pushes the USD/JPY pair higher for the third straight day after the Bank of Japan (BoJ) announced its policy decision earlier this Tuesday. "
- Usd/jpy: the pace of depreciation will be gradual in the near term, decisive break below 140 in 2Q24 – ING. According to FXStreet on Tuesday, 19 December, "We remain bearish on USD/JPY in 2024, as the oversold Yen can still benefit from the end of negative rates in Japan and we see the Fed cut rates by 150 bps, but the pace of depreciation in the pair will be gradual in the near term, and we only see a decisive break below 140 in 2Q24."
- Usd/jpy forecast: looks threatened – 18 December 2023. According to DailyForex on Monday, 18 December, "In the absence of clear guidance from the BOJ, the USD/JPY exchange rate is likely to continue its back-and-forth pattern as traders attempt to establish a solid base. ", "At the end of the day, the fate of the USD/JPY exchange rate remains uncertain as it hovers around the ¥142 level. "
More news about GBP/EUR (GBPEUR).
