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GBP/EUR Bullish Momentum With A 1% Jump In The Last 21 Sessions

ViaNews Editorial Team

September 18, 2024

GBP/EUR Bullish Momentum With A 1% Jump In The Last 21 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.54% for the last 21 sessions. At 10:08 EST on Wednesday, 18 September, GBP/EUR (GBPEUR) is $1.19.

GBP/EUR's yearly highs and lows, it's 4.234% up from its 52-week low and 0.31% 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 0.05%, a positive 0.04%, and a positive 0.18%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.18% (last week), 0.16% (last month), and 0.18% (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 overbought (>=80).

News about

  • Usd/jpy price analysis: tests 14-month lows; next support at 140.00. According to FXStreet on Monday, 16 September, "In terms of support, the USD/JPY pair is testing 140.25, which is the lowest level since July 2023, followed by the psychological level of 140.00. ", "On the upside, the USD/JPY pair might first encounter a barrier at the nine-day EMA around 142.19, followed by the 21-day EMA at 144.04level. "
  • According to Business Insider on Monday, 16 September, "The USD/JPY pair is at 140.38, slipping from Friday's close of 140.82 as markets wait for the inflation update on Thursday as well as the hawkish Bank of Japan's interest rate verdict on Friday. "
  • According to FXStreet on Tuesday, 17 September, "Data from the United States (US) underpinned the USD/JPY after Retail Sales exceeded estimates of -0.2% contraction, expanded by 0.1% MoM in August. "
  • Usd/jpy price forecast: dragonfly doji looms, bulls target 141.00. According to FXStreet on Monday, 16 September, "The USD/JPY recovers some ground late in the North American session after touching a new year-to-date (YTD) low of 139.58 earlier in the day. ", "The downtrend would likely continue after clearing December's 28 low of 140.25, but USD/JPY buyers bought the dip, clearing the latter as the pair aims towards 141.00."

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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