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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.85% for the last 21 sessions. At 20:12 EST on Monday, 19 June, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 8.333% up from its 52-week low and 2.294% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.05%, 0.09%, and 0.24%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.31% (last week), 0.23% (last month), and 0.24% (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 Monday, 19 June, "XAU/USD remains stable around $1,950 a troy ounce, while USD/JPY pressures the 142.00 region."
  • Usd/jpy hovers around cycle high on low volume session. According to FXStreet on Monday, 19 June, "The USD/JPY slightly retreated on Monday to the 141.80 area after hitting a multi-month high on Friday. ", "If USD/JPY manages to move higher, the next resistances to watch are at the 142.00 zone, followed by the 142.50 area and the 143.00 zone. "
  • Usd/jpy flirts with YTD peak, bulls now await sustained move beyond 142.00 mark. According to FXStreet on Monday, 19 June, "This, along with a modest US Dollar (USD) strength, acts as a tailwind for the USD/JPY pair on the first day of a new week, though slightly overstretched conditions hold back bulls from placing fresh bets and capping the upside.", "The USD/JPY pair reverses an intraday dip to the 141.45 area and steadily climbs back closer to its highest level since November 2022 touched earlier this Monday. "
  • Usd/jpy trades just below 142.00 mark, its highest level since November 2022. According to FXStreet on Monday, 19 June, "This, in turn, will play a key role in influencing the USD price dynamics and provide some meaningful impetus to the USD/JPY pair. ", "The USD/JPY pair enters a bullish consolidation phase on Monday and oscillates in a narrow band below the 142.00 mark, or its highest level since November 2022 touched during the Asian session."

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