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 12:08 EST on Friday, 28 April, GBP/EUR (GBPEUR) is $1.14.

GBP/EUR’s yearly highs and lows, it’s 5.392% up from its 52-week low and 4.946% 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 0.02%, a negative 0.01%, and a positive 0.28%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.17% (last month), and 0.28% (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 drops to 133.00 neighbourhood, over one-week low amid heavy USD selling. According to FXStreet on Wednesday, 26 April, "The USD/JPY pair fades a modest intraday uptick to the 134.00 neighbourhood and drops to a one-and-half-week low during the early North American session. ", "That said, the Bank of Japan (BoJ) Kazuo Ueda’s dovish remarks earlier this week, along with a modest recovery in the US equity futures, could undermine the safe-haven Japanese Yen (JPY) and lend support to the USD/JPY pair. "
  • Usd/jpy trims losses near 133.50 amid dicey yields, defensive boj talks, US GDP eyed. According to FXStreet on Thursday, 27 April, "Looking forward, USD/JPY traders should pay attention to the risk catalysts, mainly surrounding the banks and US debt ceiling, while waiting for the US first quarter (Q1) Gross Domestic Product (GDP), expected to ease to 2.0% on an annualized basis versus 2.6% prior.", "A convergence of the previous support line from early April and a one-week-old resistance line, around 134.15, restricts the short-term recovery of the USD/JPY pair. "
  • Usd/jpy technical analysis: risk aversion halts its gains – 26 April 2023. According to DailyForex on Wednesday, 26 April, "After rebounding from its lows at the beginning of the year, when it hit a double bottom of around 128, the USD/JPY jumped 1,000 pips and traded around 138 in March. ", "The clarity of the head and shoulders formation of the USD/JPY pair on the four-hour chart helped the selling operations to take recent profits, to launch towards the support level of 133.36, before settling around the level of 133.80 at the time of writing."
  • Usd/jpy price analysis: yen bears appear well set to refresh weekly low around 132.90. According to FXStreet on Wednesday, 26 April, "However, the 100-DMA support of near 132.90 could challenge the USD/JPY bears afterward.", "Alternatively, a daily closing beyond the 50-DMA level of 133.80 becomes necessary for the USD/JPY buyers to take the risk of fresh entry."

More news about GBP/EUR (GBPEUR).

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