(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.11% for the last 10 sessions. At 18:08 EST on Wednesday, 22 February, GBP/EUR (GBPEUR) is $1.14.
GBP/EUR’s yearly highs and lows, it’s 5.012% up from its 52-week low and 6.835% 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 0.17%, a negative 0.01%, and a positive 0.32%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.17% (last week), 0.36% (last month), and 0.32% (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 prints mild gains above 134.00 as sour sentiment, fed concerns joins firmer yields. According to FXStreet on Monday, 20 February, "Looking forward, Japan’s National Core Inflation numbers will join the second reading of the US fourth quarter (Q4) Gross Domestic Product to direct immediate USD/JPY moves. ", "USD/JPY pair’s successful trading above the 200-day Exponential Moving Average (EMA), around 133.80 by the press time, keeps USD/JPY buyers to aim for December 2022 peak surrounding 138.20."
- Usd/jpy price analysis: mildly bid above 133.80 support confluence. According to FXStreet on Tuesday, 21 February, "It’s worth noting, however, that the bullish MACD signals and higher low bullish formation on the daily chart keep the USD/JPY pair buyers hopeful.", "Meanwhile, a downside break of the 133.80 support confluence could quickly drag the USD/JPY price towards an early month swing high near 132.90."
- Usd/jpy consolidates in a narrow range, manages to hold above 134.00 mark. According to FXStreet on Monday, 20 February, "The USD/JPY pair struggles to gain any traction on Monday and seesaws between tepid gains/minor losses through the early European session. ", "Against the backdrop of looming recession risks, geopolitical tensions drive some haven flows towards the Japanese Yen (JPY) and acts as a headwind for the USD/JPY pair. "
- Usd/jpy clings to intraday gains, eyes 135.00 mark amid modest USD strength. According to FXStreet on Tuesday, 21 February, "The US Dollar buying remains unabated amid firming expectations for further policy tightening by the Fed and turns out to be a key factor acting as a tailwind for the USD/JPY pair. ", "This will play a key role in influencing the near-term USD price dynamics and help determine the next leg of a directional move for the USD/JPY pair. "
More news about GBP/EUR (GBPEUR).
