(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.08% for the last 10 sessions. At 17:07 EST on Friday, 22 December, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR’s yearly highs and lows, it’s 3.619% up from its 52-week low and 1.971% 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 0.14%, a positive 0.03%, and a positive 0.19%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.19% (last month), and 0.19% (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
- According to FXStreet on Friday, 22 December, "On the flip side, weakness below the Asian session low, around the 141.90-141.85 region, will reaffirm the near-term bias and make the USD/JPY pair vulnerable to retesting sub-141.00 levels, or a multi-month low touched last week. ", "The Japanese Yen (JPY) snaps a two-day winning streak against the US Dollar (USD), allowing the USD/JPY pair to stage a goodish intraday bounce from the 141.85 area or a fresh weekly low touched during the Asian session on Friday. "
- According to FXStreet on Wednesday, 20 December, "A sustained strength beyond will suggest that the USD/JPY pair has formed a near-term bottom and pave the way for some meaningful appreciating move. ", "The USD/JPY pair might then turn vulnerable to weaken further below the 142.00 mark and accelerate the slide to the 141.75 horizontal support before aiming to retest sub-141.00 levels, or a multi-month low touched last week."
- Japanese yen adds to overnight modest gains; usd/jpy drops to 143.00 neighbourhood. According to FXStreet on Thursday, 21 December, "This, along with a modest US Dollar (USD) downtick, drags the USD/JPY pair back below the 143.00 mark.", "The USD/JPY pair might then turn vulnerable to accelerate the slide towards the 142.00 mark en route to the 141.75 horizontal support and sub-141.00 levels, or a multi-month low touched last week."
- Usd/jpy analysis: US dollar still weak – 21 December 2023. According to DailyForex on Thursday, 21 December, "For four consecutive trading sessions, the price of the USD/JPY has been trying to rebound higher to break out of the prominent downtrend channel on the daily chart below. ", "According to the performance on the daily chart below, the price of the USD/JPY pair is still trying to get out of the bearish channel that was formed recently. "
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