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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.59% for the last 21 sessions. At 10:07 EST on Wednesday, 31 January, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 5.19% up from its 52-week low and 0.484% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.09%, 0.09%, and 0.17%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.12% (last week), 0.16% (last month), and 0.17% (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

  • According to FXStreet on Wednesday, 31 January, "The USD/JPY pair might then surpass the 149.00 mark and climb to the 149.30-149.35 intermediate hurdle before aiming towards reclaiming the 150.00 psychological mark.", "From a technical perspective, the USD/JPY pair has been oscillating in a familiar range around the 100-day Simple Moving Average (SMA) over the past two weeks or so. "
  • Usd/jpy analysis: narrow range movement likely to continue – 30 January 2024. According to DailyForex on Tuesday, 30 January, "So far, the general trend of the USD/JPY pair is upward, and breaking the resistance 148.75 will support the move towards the psychological resistance 150.00, respectively. "
  • Usd/jpy price analysis: moves lower to near 147.30 followed by the support at 14-day EMA. According to FXStreet on Tuesday, 30 January, "A collapse below the support zone could push the USD/JPY pair to navigate the area around the psychological support at 146.00 before the 38.2% Fibonacci retracement level at 145.53 lined up with the major support at 145.50.", "The technical analysis of the Moving Average Convergence Divergence (MACD) for the USD/JPY pair suggests bullish sentiment in the market with the MACD line positioning above the centreline and showing a divergence above the signal line. "
  • Usd/jpy analysis: all eyes on the fed – 29 January 2024. According to DailyForex on Monday, 29 January, "So far, we still prefer to buy the USD/JPY pair from every falling level, and the closest support levels for the currency pair are currently 146.60 and 145.00, respectively."

More news about GBP/EUR (GBPEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *