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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.31% for the last 10 sessions. At 09:10 EST on Wednesday, 22 March, GBP/EUR (GBPEUR) is $1.14.

GBP/EUR’s yearly highs and lows, it’s 5.234% up from its 52-week low and 6.098% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.27%, 0.05%, and 0.31%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.27% (last week), 0.30% (last month), and 0.31% (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 price analysis: weekly resistance line prods rebound from five-week low near 131.50. According to FXStreet on Tuesday, 21 March, "Adding strength to the bullish bias could be the USD/JPY pair’s recovery from an ascending support line from January 16, close to 130.60 by the press time.", "Alternatively, a clear downside break of the stated multi-day-old support line, around 130.60, isn’t an open invitation to the USD/JPY bears as multiple lows marked during February 10 and early January, respectively near 129.80 and 128.00, as well as the Year-To-Date (YTD) bottom near 127.20 could challenge the Yen pair sellers afterward."
  • Usd/jpy shows resilience around 131.00 mark as market awaits fed’s next move. According to FXStreet on Tuesday, 21 March, "Although US Treasury (UST) bond yields were boosted on Monday, USD/JPY failed to capitalize significantly. "
  • 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, "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.", "Adding strength to the USD/JPY rebound could be the news shares by Yomiuri saying that the Japanese government eyes efforts worth two trillion Yen to defend the economy from slipping back into the deflation zone."

More news about GBP/EUR (GBPEUR).

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