GBP/EUR Drops By 1% In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.77% for the last 21 sessions. At 07:06 EST on Friday, 17 February, GBP/EUR (GBPEUR) is $1.12.

GBP/EUR’s yearly highs and lows, it’s 3.875% up from its 52-week low and 7.844% 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 positive 0.17%, a negative 0.01%, and a positive 0.32%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.17% (last week), 0.36% (last month), and 0.32% (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: bulls flirt with 133.00 inside monthly rising wedge. According to FXStreet on Wednesday, 15 February, "It should be noted that the 130.00 round figure will act as an extra filter towards the south of 130.60 before directing the USD/JPY sellers towards the theoretical target of the stated wedge, namely 125.50.", "Even if the quote rises past 133.60, a two-month-old horizontal resistance region near 134.50-70, will precede the 200-DMA level surrounding 136.90 to challenge the USD/JPY bulls."
  • Usd/jpy snaps two-day uptrend despite upbeat yields, hawkish fed talks. According to FXStreet on Wednesday, 15 February, "Moving on, a lack of major data/events from Japan puts the USD/JPY pair at the mercy of the US catalysts for clear directions. ", "Unless providing a daily close beyond the 200-day Exponential Moving Average (EMA), the USD/JPY pair remains on the bear’s radar."
  • Usd/jpy: correction from six-week highs stalls near 132.50, US data eyed. According to FXStreet on Wednesday, 15 February, "The rush to safety in the US bond market is sending the US Treasury bond yields lower, in turn, weighing down on the USD/JPY pair.", "From a short-term technical perspective, USD/JPY is reattempting the 133.00 level, having found support near the 132.50 psychological level."
  • Usd/jpy price analysis: back above 134.00, as bulls moved in and crushed the 200-dma. According to FXStreet on Wednesday, 15 February, "Nevertheless, the USD/JPY needs to clear the confluence of the 100-day EMA and the YTD high at 134.77 to cement the uptrend.", "The USD/JPY rallies more than 100 pips and clears the 134.00 mark, breaking north of the 200-day Exponential Moving Average (EMA) at 133.77, a bullish/bearish bias measure for an asset. "

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