(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.53% for the last 21 sessions. At 11:07 EST on Tuesday, 20 June, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 7.99% up from its 52-week low and 2.602% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.16%, 0.08%, and 0.24%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.20% (last week), 0.22% (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
- Usd/jpy flirts with YTD peak, bulls now await sustained move beyond 142.00 mark. According to FXStreet on Monday, 19 June, "Investors will closely scrutinize Powell’s remarks for clues about the future rate-hike path, which will play a key role in influencing the near-term USD price dynamics and provide a fresh directional impetus to the USD/JPY pair. ", "This, in turn, is seen lending some support to the Greenback and the USD/JPY pair."
- Usd/jpy eases after refreshing yearly top above 142.00 as yields dribble amid full markets. According to FXStreet on Tuesday, 20 June, "However, the People’s Bank of China’s (PBoC) rate cut and Japan Finance Minister (FinMin) Shunichi Suzuki’s comments appear to prod the market sentiment, US Treasury bond yields and the USD/JPY prices of late.", "Moving on, USD/JPY is likely to remain firmer but the second-tier US housing data, Japan Industrial Production for April and Fed versus BoJ updates will be the key to watch for the clear directions."
- Usd/jpy trades just below 142.00 mark, its highest level since November 2022. According to FXStreet on Monday, 19 June, "Apart from this, a generally softer tone around the equity markets helps limit losses for the safe-haven JPY and further contributes to capping the upside for the USD/JPY pair, at least for now. ", "This, in turn, assists the Greenback to gain some follow-through traction and further lends support to the USD/JPY pair, though the uptick lacks bullish conviction."
- Usd/jpy price analysis: yen pair retreats from yearly top near 142.00 but bears remain cautious. According to FXStreet on Monday, 19 June, "However, a three-week-old previous resistance line joins bullish MACD signals to challenge the intraday sellers of the USD/JPY pair around 141.40.", "On the contrary, the 142.00 round figure guards the immediate upside of the USD/JPY pair ahead of the November 2022 high of around 142.20-25."
More news about GBP/EUR (GBPEUR).
