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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.73% for the last 21 sessions. At 09:11 EST on Wednesday, 24 May, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 6.353% up from its 52-week low and 4.079% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.04%, 0.14%, and 0.26%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.12% (last week), 0.25% (last month), and 0.26% (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: firm above 138.00 on fed hawkish comments, boosting the US dollar. According to FXStreet on Monday, 22 May, "Of note, the USD/JPY reached a new higher-high, while the Relative Strength Index (RSI) did not, peaking around 69.00 before entering overbought conditions, retraced towards the 65.00 area, suggesting buyers are losing momentum. ", "Hawkish comments by Federal Reserve (Fed) officials, and positive discussions on the US debt ceiling, keeps the USD/JPY pair trading higher. "
  • Usd/jpy technical analysis: psychological resistance 140.00 – 23 May 2023. According to DailyForex on Tuesday, 23 May, "Dollar expectations against the Japanese yen today:The general trend of the USD/JPY currency pair is still bullish."
  • Usd/jpy price analysis: sellers attack previous resistance with eyes on 137.10. According to FXStreet on Monday, 22 May, "It’s worth noting, however, that the bullish MACD signals join the aforementioned resistance-turned-support line from mid-December 2022, around 137.65 at the latest, to challenge the USD/JPY bears.", "Following that, a two-month-long ascending support line near 134.55 can act as the last defense of the USD/JPY buyers."

More news about GBP/EUR (GBPEUR).

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