(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.35% for the last 10 sessions. At 14:07 EST on Wednesday, 19 July, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR’s yearly highs and lows, it’s 6.714% up from its 52-week low and 3.753% 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 0.23%, a negative 0.02%, and a positive 0.25%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.34% (last week), 0.28% (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 overbought (>=80).
News about
- Usd/jpy trades with modest losses below mid-138.00s amid softer risk tone, fresh USD selling. According to FXStreet on Monday, 17 July, "The USD/JPY pair struggles to capitalize on Friday’s goodish rebound from the vicinity of confluence support, comprising the 100-day and the 200-day Simple Moving Averages (SMAs) and edges lower on the first day of a new week. ", "This, in turn, prompts fresh selling around the US Dollar (USD), which languishes near its lowest level since April 2022 touched on Friday and contributes to the mildly offered tone surrounding the USD/JPY pair. "
- Usd/jpy ticks down to mid-138.00s, holds above two-month low touched on Friday. According to FXStreet on Monday, 17 July, "In the meantime, speculations that the Bank of Japan (BoJ) could adjust its Yield Curve Control (YCC) policy as soon as this month might continue to underpin the Japanese Yen (JPY) and act as a headwind for the USD/JPY pair. ", "The USD/JPY pair struggles to capitalize on Friday’s goodish rebound from the 137.25 area, or a nearly two-month low and kicks off the new week on a subdued note. "
- Usd/jpy slides back closer to 138.00 mark amid weaker usd, cautious market mood. According to FXStreet on Tuesday, 18 July, "Apart from this, the prevalent cautious mood further benefits the safe-haven JPY and contributes to the offered tone surrounding the USD/JPY pair.", "This, in turn, warrants some caution before positioning for an extension of the USD/JPY pair’s recent sharp retracement slide from the YTD peak – levels just above the 145.00 psychological mark – touched in June. "
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