GBP/EUR Bullish Momentum: 0.89% Up In The Last 5 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.89% for the last 5 sessions. At 09:07 EST on Thursday, 4 May, GBP/EUR (GBPEUR) is $1.14.

GBP/EUR’s yearly highs and lows, it’s 5.336% up from its 52-week low and 4.996% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.34%, 0.04%, and 0.27%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.34% (last week), 0.21% (last month), and 0.27% (last quarter), respectively.

News about

  • According to DailyForex on Wednesday, 3 May, "The New Zealand Dollar and the Japanese Yen are showing the greatest short-term strength while the US Dollar is clearly the weakest currency, withthe USD/JPY currency pairfalling strongly after making a long-term high closing price two days ago. "
  • Usd/jpy price analysis: set for further downside past 136.00 as fed decision looms. According to FXStreet on Wednesday, 3 May, "Even so, a one-month-old ascending support line near 133.80 can act as the last defense of the USD/JPY buyers.", "However, the resistance-turned-support line from late March, around 135.70 at the latest, restricts the immediate downside of the USD/JPY pair."
  • Usd/jpy traces yields’ retreat to ease from two-month high towards 137.00 amid US debt ceiling woes. According to FXStreet on Tuesday, 2 May, "Moving on, the return of the full markets and cautious sentiment may prod the USD/JPY buyers ahead of US Factory Orders for March, expected to rise by 0.8% MoM versus -0.7% prior. ", "Previously, hawkish Fed bets and the BoJ’s defense of the ultra-easy monetary policy, backed by the upbeat US inflation clues via the Core PCE Price Index propel the USD/JPY prices to renew a multi-day high. "
  • Usd/jpy slides below 136.00, fresh weekly low amid reviving safe-haven demand, weaker USD. According to FXStreet on Wednesday, 3 May, "The uncertainty, meanwhile, might hold back traders from placing aggressive bets around the USD/JPY pair ahead of the highly-anticipated FOMC decision, due to be announced later during the US session. ", "The key macro data might influence the USD price dynamics, which, along with the broader risk sentiment, should provide some impetus to the USD/JPY pair. "

More news about GBP/EUR (GBPEUR).

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