(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.93% for the last 10 sessions. At 13:11 EST on Tuesday, 5 December, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 4.598% up from its 52-week low and 1.045% down from its 52-week high.
Volatility
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.31%, 0.08%, and 0.20%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.31% (last week), 0.23% (last month), and 0.20% (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
- According to FXStreet on Monday, 4 December, "Nevertheless, the fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the downside. ", "The USD, on the other hand, draws some support from an uptick in the US Treasury bond yields and assists the USD/JPY pair to rebound around 50-60 pips from the 146.20 area."
- Usd/jpy gains as the US 10-year bond yield climb. According to FXStreet on Monday, 4 December, "The daily chart portrays the pair as neutral to downward biased, with the USD/JPY staying below the Kumo. ", "The USD/JPY pair remains trading in an uptrend as US Treasury bond yields advance, mainly the 10-year benchmark note, rising close to ten basis points at 4.289%, a tailwind for the major. "
- According to FXStreet on Sunday, 3 December, "At the time of writing, the USD/JPY pair is trading around 146.43, down 0.32% on the day."
- Usd/jpy analysis: strong oversold levels – 04 December 2023. According to DailyForex on Monday, 4 December, "In the long term, according to the performance on the daily chart, it appears that the USD/JPY currency pair is trading within a descending channel. ", "As a result, USD/JPY appears to be moving near overbought levels of the RSI on the 14-hour frame. "
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