(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.61% for the last 10 sessions. At 14:12 EST on Wednesday, 6 December, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR's yearly highs and lows, it's 4.831% up from its 52-week low and 0.824% down from its 52-week high.
Volatility
GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.23%, 0.05%, and 0.20%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.31% (last week), 0.22% (last month), and 0.20% (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 gains as the US 10-year bond yield climb. According to FXStreet on Monday, 4 December, "The USD/JPY pair remains trading in an uptrend as US Treasury bond yields advance, mainly the 10-year benchmark note, rising close to ten basis points at 4.289%, a tailwind for the major. ", "The daily chart portrays the pair as neutral to downward biased, with the USD/JPY staying below the Kumo. "
- Usd/jpy analysis: the future of the downward correction - 05 December 2023. According to DailyForex on Tuesday, 5 December, "Before that, the USD/JPY underwent strong selling operations that pushed it toward the 146.22 support level, its lowest in nearly three months. ", "According to the performance on the daily time frame chart, the price of the USD/JPY is still on a downward correction path. "
- According to FXStreet on Monday, 4 December, "This, in turn, should cap the USD/JPY pair near the 100-day SMA support breakpoint, currently pegged near the 147.30-147.35 region. ", "This, in turn, warrants some caution before confirming that the USD/JPY pair has formed a near-term bottom and positioning for further gains."
- Usd/jpy trades better bid above 147.00 after dovish boj commentary. According to FXStreet on Wednesday, 6 December, "From a broader perspective, USD/JPY is holding its recovery from three-month lows of 146.23 reached last Friday, tracking the US Dollar upswing.", "The swift US Dollar rebound lifted USD/JPY from daily lows of 146.56, as the pair went on to settle Tuesday almost unchanged at 147.20. "
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