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GBP/EUR Went Down By Over 1% In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.28% for the last 10 sessions. At 11:06 EST on Wednesday, 8 March, GBP/EUR (GBPEUR) is $1.12.

GBP/EUR’s yearly highs and lows, it’s 3.699% up from its 52-week low and 7.468% 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 negative 0.11%, a positive 0.04%, and a positive 0.32%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.35% (last week), 0.29% (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 oversold (<=20).

News about

  • Usd/jpy struggles for firm direction, stuck in a range around 136.00 ahead of fed's powell. According to FXStreet on Tuesday, 7 March, "Investors will look for fresh clues about the Fed’s future rate-hike path, which will influence the USD price dynamics and determine the next leg of a directional move for the USD/JPY pair.", "The prospects for further policy tightening by the Fed continue to act as a tailwind for the US Dollar (USD) and lend support to the USD/JPY pair. "
  • Usd/jpy fluctuates at around 135.90s ahead of powell’s speech. According to FXStreet on Monday, 6 March, "The USD/JPY registers minuscule gains as the Asian Pacific session opens after Monday’s session, printed a doji. ", "At the time of writing, the USD/JPY is exchanging hands at 135.91 after hitting on Monday a weekly low of 135.36."
  • Usd/jpy traces sluggish yields below 136.00, fed’s powell, boj’s kuroda in the spotlight. According to FXStreet on Monday, 6 March, "It’s worth noting that the receding optimism about the Fed’s hawkish moves, mixed US data, and the Fed policymakers’ failure to impress USD/JPY bulls seem to weigh on the yields of late. ", "The latest U-turn from the 100-DMAand the downside break of the one-month-old previous support line keep USD/JPY sellers hopeful. "

More news about GBP/EUR (GBPEUR).

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