(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.43% for the last 10 sessions. At 19:12 EST on Monday, 8 May, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR's yearly highs and lows, it's 6.039% up from its 52-week low and 4.362% down from its 52-week high.
Volatility
GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.42%, 0.07%, and 0.28%, respectively.
GBP/EUR's highest amplitude of average volatility was 0.42% (last week), 0.24% (last month), and 0.28% (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 price analysis: gains momentum above 135.00 on dovish boj minutes. According to FXStreet on Monday, 8 May, "From the weekly chart perspective, the USD/JPY is upward biased, with price action trading above its weekly EMAs. ", "Hence, if USD/JPY stays above the previously-mentioned support levels, its path of least resistance is upwards. "
- Usd/jpy climbs above 135.00 on dovish boj minutes, US biden-mccarthy meeting in focus. According to FXStreet on Monday, 8 May, "The USD/JPY pair has jumped above the crucial resistance of 135.00 in the Asian session. "
- According to FXStreet on Sunday, 7 May, "Following the BoJ Minutes, USD/JPY remains on the front foot while extending Friday's recovery to 135.25 by the press time."
- Usd/jpy eases from three-day high amid weaker usd, up a little around 135.00 mark. According to FXStreet on Monday, 8 May, "This, along with concerns about the US banking sector and the debt ceiling, drags the US Treasury bond yields lower and weighs on the buck, which, in turn, acts as a headwind for the USD/JPY pair and warrants caution for bulls.", "Apart from this, the broader risk sentiment might allow traders to grab short-term opportunities around the USD/JPY pair. "
- External backdrop is supportive for a lower usd/jpy – MUFG. According to FXStreet on Monday, 8 May, "The main upside risks in the week ahead for USD/JPY are posed by the release of the US CPI report for April if it shows more persistent inflation pressures although we expect the US rate market to remain reluctant to price in more hikes at current juncture.", "We continue to believe that the external backdrop is supportive for a lower USD/JPY which remains significantly overvalued."
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