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

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.52% for the last 21 sessions. At 14:09 EST on Sunday, 19 February, GBP/EUR (GBPEUR) is $1.13.

GBP/EUR’s yearly highs and lows, it’s 4.134% up from its 52-week low and 7.614% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.17%, a negative 0.01%, and a positive 0.32%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.17% (last week), 0.36% (last month), and 0.32% (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: climbs to fresh YTD top, seems poised to appreciate further. According to FXStreet on Friday, 17 February, "The latter marks the 38.2% Fibonacci retracement level of the recent sharp pullback from over a three-decade higher touched in October and should now act as a strong near-term base for the USD/JPY pair.", "On the flip side, the USD/JPY pair seems poised to climb towards the 135.55-135.60 horizontal zone and eventually aim to reclaim the 136.00 mark. "
  • Usd/jpy picks up bids above 134.00 as boj vs. fed battle intensifies amid strong yields. According to FXStreet on Friday, 17 February, "Elsewhere, the fresh US-China tension and Russia’s refrain from stepping back when it comes to attacking Ukraine also weigh on the risk appetite and the USD/JPY prices, due to the US Dollar’s safe-haven demand. ", "Looking forward, USD/JPY buyers are likely to keep the reins and may propel the price towards refreshing the multi-day high above 134.00 amid a lack of major data/events on the calendar, other than what’s already mentioned above."
  • Usd/jpy to slide toward 125 in three months – danske bank. According to FXStreet on Friday, 17 February, "We expect USD/JPY to drop to 125 in 3M following more tightening of monetary policy.", "The development in BoJ’s monetary policy stance is still important to follow regarding USD/JPY +3M; however, it is difficult to imagine any changes in the monetary policy until at least April 28th, when the new governor will have his first monetary policy meeting."
  • Eur/usd to reach 1.14, usd/jpy to sink toward 121 by year-end – BNP paribas. According to FXStreet on Friday, 17 February, "Economists at BNP Paribas Research revise their targets on EUR/USD and USD/JPY as they expect the Dollar to embark on a bearish trend.", "With evidence of these repatriation flows appearing, we revise our USD forecasts lower and now project EUR/USD to rise to 1.14 by end-2023 and USD/JPY to decline to 121."

More news about GBP/EUR (GBPEUR).

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