GBP/EUR Bullish Momentum: 0.92% Up In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.92% for the last 10 sessions. At 20:07 EST on Monday, 5 June, GBP/EUR (GBPEUR) is $1.16.

GBP/EUR’s yearly highs and lows, it’s 7.334% up from its 52-week low and 3.195% down from its 52-week high.


GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.19%, 0.09%, and 0.26%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.22% (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 bulls trace firmer yields above 140.00, US pmis, Japan GDP eyed. According to FXStreet on Monday, 5 June, "USD/JPY clings to mild gains around 140.20 as it cheers upbeat Treasury bond yields, as well as the firmer US Dollar to propel the USD/JPY prices. ", "Although the USD/JPY bears remain off the table beyond the previous resistance line stretched from December 15, 2022, around 137.40 by the press time, an ascending trend line from late 2022, close to 141.20 by the press time, challenges the Yen pair’s short-term upside."
  • Usd/jpy price analysis: ready to fly above 140.40 as upbeat US NFP accelerates hawkish fed bets. According to FXStreet on Monday, 5 June, "The USD/JPY pair has shifted its auction comfortably above the crucial resistance of 140.00 in the Asian session. "
  • Usd/jpy sits near multi-day peak, around 140.25-30 area amid stronger USD. According to FXStreet on Monday, 5 June, "The fundamental backdrop, however, suggests that the path of least resistance for the USD/JPY pair is to the upside. ", "Apart from this, the prevalent risk-on mood – as depicted by a generally positive tone around the equity markets – further dents the JPY’s relative safe-haven status and lends additional support to the USD/JPY pair. "
  • Usd/jpy tumbles below 139.50 after US ISM service PMI. According to FXStreet on Monday, 5 June, "The USD/JPY experienced a sharp drop below 140.00 after the release of US economic data that weighed on the US Dollar. ", "On the 4-hour chart, the USD/JPY has fallen below its 20-period Simple Moving Average (SMA). "

More news about GBP/EUR (GBPEUR).

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