GBP/EUR Bearish Momentum With A 1% Slide In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.03% for the last 10 sessions. At 08:10 EST on Wednesday, 28 June, GBP/EUR (GBPEUR) is $1.16.

GBP/EUR’s yearly highs and lows, it’s 6.982% up from its 52-week low and 3.512% 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 0.08%, a positive 0.07%, and a positive 0.23%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.30% (last week), 0.25% (last month), and 0.23% (last quarter), respectively.

News about

  • Usd/jpy pulls back from YTD peak, trades with modest losses below mid-143.00s. According to FXStreet on Monday, 26 June, "Apart from this, a modest US Dollar (USD) downtick exerts prompts bulls to take some profits off the table and exerts some downward pressure on the USD/JPY pair.", "This, along with the Federal Reserve’s (Fed) hawkish outlook, might hold back traders from placing aggressive bearish bets around the USD and help limit any meaningful corrective decline for the USD/JPY pair, at least for now. "
  • According to FXStreet on Monday, 26 June, "On the other hand, according to a Reuters’ poll, the majority of the economists interviewed believe that the Bank of Japan (BoJ) will intervene to stop the Yen’s fall if the USD/JPY reaches 145.00. "
  • Usd/jpy price analysis: mildly bid within immediate bullish channel around 143.50. According to FXStreet on Monday, 26 June, "In a case where the USD/JPY remains firmer past 144.45, the pair’s run-up towards the September 2022 high near 145.90 can’t be ruled out.", "It’s worth noting that an upward-sloping support line from early May and the 200-SMA, respectively near 140.80 and 139.40 are the extra checks for the USD/JPY bears before taking control."
  • Usd/jpy technical analysis: highest stability in 2023 so far – 26 June 2023. According to DailyForex on Monday, 26 June, "In the near term, and according to the performance on the hourly chart, it appears that the USD/JPY is trading within a bullish channel formation. ", "On the economic side, the USD/JPY currency pair is trading affected by the results of recent economic data. "
  • According to FXStreet on Monday, 26 June, "Most economists polled by Reuters predict that the Bank of Japan (BoJ) will step in to halt the Yen’s decline if the USD/JPY reaches 145.00. "

More news about GBP/EUR (GBPEUR).

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