(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.54% for the last 21 sessions. At 05:11 EST on Wednesday, 24 January, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR's yearly highs and lows, it's 5.119% up from its 52-week low and 0.552% down from its 52-week high.
Volatility
GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.14%, 0.07%, and 0.18%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.24% (last week), 0.15% (last month), and 0.18% (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
- According to FXStreet on Monday, 22 January, "From a technical perspective, Valeria Bednarik, Chief Analyst at FXStreet, notes: "Given expectations of an on-hold BoJ and recent US Dollar strength, USD/JPY could surge following the announcement. ", "Bednarik adds: "The USD/JPY pair would need to extend its slump through 146.60 to become bearish and post a most sustained slump towards 145.00. "
- Usd/jpy to steadily decline towards 135.00 on a 12m horizon– danske bank. According to FXStreet on Monday, 22 January, "The recent rally in the Japanese Yen has reversed with USD/JPY trading nearly four figures higher than at year-end. "
- According to FXStreet on Monday, 22 January, "The USD/JPY pair might then aim to conquer the 150.00 psychological mark with some intermediate hurdle near the 149.70-149.75 area.", "Apart from this, the recent widening of the US-Japan rate differential suggests that the path of least resistance for the USD/JPY pair is to the upside."
- According to FXStreet on Monday, 22 January, "Previewing the potential impact of the BoJ event on the pair, "if the BoJ makes it clear that it does not intend to change its expansionary course for the time being - which we believe is likely - USD/JPY could rise a little further," said analysts at Commerzbank."
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