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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.48% for the last 10 sessions. At 07:10 EST on Tuesday, 21 March, GBP/EUR (GBPEUR) is $1.14.

GBP/EUR’s yearly highs and lows, it’s 5.216% up from its 52-week low and 6.115% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.07%, and 0.32%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.24% (last week), 0.32% (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 oversold (<=20).

News about

  • Usd/jpy forecast: dollar pulls back against the yen – 20 March 2023. According to DailyForex on Monday, 20 March, "In the USD/JPY currency pair, the ¥132.50 level has proven to be a strong support area. ", "Market participants should exercise caution with position sizing and closely monitor developments in the bond market, as these factors will continue to drive the USD/JPY currency pair’s movements."
  • Usd/jpy traces firmer yields around 132.50 as boj defends easy policy, central banks eye liquidity infusion. According to FXStreet on Monday, 20 March, "Moving forward, the bond market moves will be crucial for the USD/JPY pair traders to watch. ", "Apart from the likely continuation of the BoJ’s ultra-easy monetary policy, the news suggesting the global central banks’ joint efforts to boost the US Dollar liquidity and the UBS-Credit Suisse deal also allowed the USD/JPY to recover."
  • Usd/jpy recovers a few pips from over a one-month low, finds some support near mid-130.00s. According to FXStreet on Monday, 20 March, "That said, a modest US Dollar (USD) strength assists the USD/JPY pair to find some support ahead of the mid-130.00s and stall its sharp intraday downfall. ", "The aforementioned fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the downside. "

More news about GBP/EUR (GBPEUR).

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