GBP/EUR Bullish Momentum: 0.81% Up In The Last 5 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.81% for the last 5 sessions. At 02:07 EST on Wednesday, 6 September, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 8.379% up from its 52-week low and 0.442% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.22%, 0.06%, and 0.26%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.22% (last week), 0.25% (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 price analysis: pair maintains above 146.00, recent momentum remains tepid. According to FXStreet on Monday, 4 September, "A firm break below the latter could inspire the USD/JPY sellers to navigate the region around 23.6% Fibonacci retracement at 144.98, following the 38.2% Fibonacci retracement at 143.50.", "In the short term, the USD/JPY pair remains to be bullish as long as the 14-day Relative Strength Index (RSI) stays above 50."
  • Usd/jpy closes above 146.00, bulls prepare for another upwards leg. According to FXStreet on Monday, 4 September, "At the start of the week, the USD/JPY saw little movement, with both currencies trading weak against most of their rivals. ", "Analysing the daily chart, the USD/JPY technical outlook is bullish in the short term. "
  • Usd/jpy oscillates in a range just above 146.00 mark, bullish potential seems intact. According to FXStreet on Monday, 4 September, "This marks a big divergence in comparison to other major central banks, including the Fed, and suggests that the path of least resistance for the USD/JPY pair is to the upside. ", "The US Dollar (USD) consolidates the post-NFP strong move up back closer to the August monthly swing high and turns out to be a key factor that continues to act as a tailwind for the USD/JPY pair. "

More news about GBP/EUR (GBPEUR).

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