(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.59% for the last 21 sessions. At 12:09 EST on Thursday, 17 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 8.471% up from its 52-week low and 1.362% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.21%, 0.01%, and 0.25%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.38% (last week), 0.25% (last month), and 0.25% (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 holds steady around mid-145.00s, bulls retain control near YTD peak. According to FXStreet on Tuesday, 15 August, "The USD/JPY pair oscillates in a narrow band around mid-145.00s during the Asian session on Tuesday and consolidates its recent gains to a fresh high since November 2022. ", "This, along with the recent widening of the US-Japan rate differential, might continue to undermine the JPY and favours the USD/JPY bulls. "
- Usd/jpy trades flat following US retail sales, still above 145.00. According to FXStreet on Tuesday, 15 August, "On the bright side, speculations of a potential Bank of Japan (BoJ) intervention to stop the currency’s loss is the only hope for the Yen while the USD/JPY consolidated above the 145.00 level.", "The technical analysis of the daily chart supports a bullish view of USD/JPY in the short term. "
- Japan Q2 GDP improves to 1.5% qoq versus 0.8% expected and 0.7% prior, usd/jpy slides below 145.50. According to FXStreet on Tuesday, 15 August, "Following the data, USD/JPY refreshed intraday low to 145.37, around 145.45 by the press time, while extending the late Monday’s U-turn from the highest level since November 2022, as well as probing the five-day uptrend."
- Usd/jpy price analysis: bulls could pause near ascending channel hurdle, around 146.00. According to FXStreet on Tuesday, 15 August, "The subsequent fall could then drag the USD/JPY pair to the 144.00 mark and then to the 143.30 horizontal support.", "This, in turn, is seen as a key factor acting as a tailwind for the USD/JPY pair amid the underlying bullish tone around the US Dollar (USD), supported by expectations that the Federal Reserve (Fed) will keep rates higher for longer."
- Usd/jpy consolidates near mid-145.00s, just below YTD peak set on Tuesday. According to FXStreet on Wednesday, 16 August, "This might influence the USD price dynamics and provide some impetus to the USD/JPY pair. ", "The USD/JPY pair holds steady around mid-145.00s during the Asian session on Wednesday and remains well within the striking distance of its highest level since November 2022 touched the previous day."
More news about GBP/EUR (GBPEUR).
