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GBP/EUR Falls By 1% In The Last 10 Sessions

ViaNews Editorial Team

February 2, 2023

GBP/EUR Falls By 1% In The Last 10 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.44% for the last 10 sessions. At 13:09 EST on Thursday, 2 February, GBP/EUR (GBPEUR) is $1.12.

GBP/EUR's yearly highs and lows, it's 3.764% up from its 52-week low and 7.942% 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 0.41%, a negative 0.02%, and a positive 0.36%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.51% (last week), 0.30% (last month), and 0.36% (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: slips from bull’s radar, symmetrical triangle in focus. According to FXStreet on Wednesday, 1 February, "Technically, the two-week-long symmetrical triangle restricts the immediate USD/JPY moves.", "Alternatively, the 130.30 resistance confluence restricts immediate USD/JPY upside ahead of the aforementioned triangle's top line, close to 130.55 as we write."
  • Usd/jpy price analysis: bears eye a test of 130.00 pre federal reserve. According to FXStreet on Tuesday, 31 January, "Meanwhile, the US Dollar rose on Monday, ahead of the Federal Reserve'stwo-day policy meeting which is likely to keep traders at bay and USD/JPY range bound until the outcome of the meeting. "
  • Usd/jpy price analysis: setup remains tilted firmly in favour of bearish traders. According to FXStreet on Tuesday, 31 January, "The USD/JPY pair might then accelerate the momentum towards the 131.00 mark, en route to the post-BoJ swing high, around the 131.55-131.60 area. ", "The downward trajectory could get extended further towards the 128.00 round-figure mark, below which the USD/JPY pair seems all set to challenge the multi-month low, around the 127.20 zone touched on January 16."
  • Usd/jpy portrays pre-fed anxiety, boj’s struggle to defend JGB yields around 130.00. According to FXStreet on Wednesday, 1 February, "A two-week-old symmetrical triangle restricts USD/JPY moves between 129.60 and 130.50.", "Looking ahead, multiple PMIs from China, Eurozone and the US may entertain the USD/JPY traders, as well as the JGB moves. "

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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