(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.07% for the last 5 sessions. At 20:11 EST on Wednesday, 26 July, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 7.916% up from its 52-week low and 2.669% 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 0.05%, a negative 0.01%, and a positive 0.26%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.27% (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 oversold (<=20).
News about
- Usd/jpy: yen will likely soften on a dovish boj policy outcome – rabobank. According to FXStreet on Tuesday, 25 July, "Our forecast of USD/JPY 138 on a three-month view assumes that speculation of a BoJ policy change is maintained into the autumn."
- Usd/jpy pulls back from weekly highs near 142.00 amid anticipation for fed decision. According to FXStreet on Tuesday, 25 July, "On the other hand, to flip the trend and resume upwards, USD/JPY must reclaim 142.00, opening the door for further upside toward the year-to-date (YTD) high at 145.07.", "The USD/JPY daily chart shows the uptrend remains in play, but the ongoing pullback extending below the Kijun-Sen line at 141.15, could open the door for further weakness below the 141,00 figure. "
- Usd/jpy could trundle slightly higher on a non-event boj meeting – socgen. According to FXStreet on Tuesday, 25 July, "But USD/JPY tracks yield differentials as closely as ever and whatever the Fed does, we like buying 5-year Notes into any weakness here."
- Usd/jpy technical analysis: the bullish rebound May continue – 25 July 2023. According to DailyForex on Tuesday, 25 July, "There is no change in my technical point of view for the performance of the price of the USD/JPY currency pair, as the general trend is still upward, and the gains for the current rebound will be at 142.35 and 143.50, respectively."
- Usd/jpy holds steady around mid-141.00s, traders seem non-committed ahead of key event risks. According to FXStreet on Tuesday, 25 July, "This holds back traders from placing aggressive directional bets around the USD/JPY pair.", "The USD/JPY pair builds on the overnight late rebound of around 70-75 pips from the 140.75 area and gains some positive traction during the Asian session on Tuesday. "
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