(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.51% for the last 21 sessions. At 17:09 EST on Sunday, 21 May, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR’s yearly highs and lows, it’s 6.464% up from its 52-week low and 3.979% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.11%, 0.14%, and 0.27%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.26% (last month), and 0.27% (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 will be trading a lot lower by the end of the year – ING. According to FXStreet on Friday, 19 May, "Neither has the risk environment deteriorated enough nor has US disinflation been strong enough to send USD/JPY sharply lower. ", "However, the US credit crunch makes a recession there more likely, and we have a conviction call that USD/JPY will be trading a lot lower by the end of the year."
- Usd/jpy price analysis: yen pair retreats from six-month high near 138.50 amid overbought RSI. According to FXStreet on Friday, 19 May, "Meanwhile, the USD/JPY pair’s fresh recovery can aim for the latest peak of 138.75, a break of which could propel the quote towards refreshing the yearly high near 139.00.", "With this, the USD/JPY remains on the bull’s radar but the four-day ascending trend line and a one-week-old rising support line, respectively near 138.15 and 137.15, restrict short-term pullback of the pair."
- Usd/jpy: waiting for the next shoe to drop – socgen. According to FXStreet on Friday, 19 May, "We expect the BoJ to raise the top of its 10-year JGB range by 50 bps to 1% at the June 16 meeting, and that alone could see USD/JPY close to 130."
- According to FXStreet on Friday, 19 May, "Despite the dovish comments from the BoJ Chief, USD/JPY is keeping its heavy tone intact near 138.00. "
More news about GBP/EUR (GBPEUR).
