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GBP/EUR Bullish Momentum: 0.82% Up In The Last 5 Sessions

GBP/EUR Bullish Momentum: 0.82% Up In The Last 5 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.82% for the last 5 sessions. At 08:07 EST on Thursday, 16 March, GBP/EUR (GBPEUR) is $1.14.

GBP/EUR's yearly highs and lows, it's 5.003% up from its 52-week low and 6.305% down from its 52-week high.

Volatility

GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.25%, 0.04%, and 0.32%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.32% (last week), 0.32% (last month), and 0.32% (last quarter), respectively.

News about

  • According to FXStreet on Tuesday, 14 March, "The DXY finished practically unchanged on Tuesday, due to the rebound in USD/JPY on the back of higher US yields. "
  • Usd/jpy price analysis: justifies bear cross with mild losses near 134.00. According to FXStreet on Wednesday, 15 March, "That said, the 50-SMA prods the 100-SMA from above and joins the downbeat RSI line to suggest the USD/JPY pair's further declines.", "Even if the quote traces the bullish MACD signals and crosses the 135.15 resistance, a convergence of the 50-SMA and the 100-SMA, around 135.65-70 by the press time, will be crucial to watch as it holds the key for the USD/JPY run-up towards the monthly high of 137.91."
  • Usd/jpy tracks corrective bounce in yields to aim for 134.00 ahead of US inflation data. According to FXStreet on Tuesday, 14 March, "Alternatively, receding hawkish Fed bets and downbeat US inflation expectations join the market's jittery status amid the US-China tensions and SVB talks seem to challenge the USD/JPY buyers.", "Although the 50-DMA restricts immediate downside of the USD/JPY pair around 132.50, the recovery moves remain elusive unless staying below the previous support line from early February, around 136.20 by the press time."

More news about GBP/EUR (GBPEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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