(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.64% for the last 21 sessions. At 10:08 EST on Friday, 26 January, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 5.226% up from its 52-week low and 0.45% 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 0.01%, a positive 0.07%, and a positive 0.18%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.20% (last week), 0.16% (last month), and 0.18% (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 analysis: boj policy supports yen – 24 January 2024. According to DailyForex on Wednesday, 24 January, "Commenting on the performance and influencing factors, MUFG’s chief currency analyst Lee Hardman said, "The yen has strengthened after the Bank of Japan’s policy meeting, leading to a pullback in the USD/JPY pair towards the 147.00 support level."
- Usd/jpy leaning into the bearish side in choppy trading. According to FXStreet on Wednesday, 24 January, "The USD/JPY ran aground on the 200-hour Simple Moving Average (SMA) on Wednesday, dipping into the 146.80 region before rebounding back above the 147.00 handle to settle the day close to 147.50.", "The pair sees the 50-day and 200-day SMAs set to collide in a consolidation pattern, and the USD/JPY will see a long-term technical barrier at the 145.00 major handle."
- Usd/jpy to trade back at 148.00 on a one-month view – rabobank. According to FXStreet on Wednesday, 24 January, "Economists at Rabobank discuss when the BoJ may exit its negative interest rate policy and its implication for the USD/JPY pair.", "However, there is room for disappointment on the pace of policy moves and we see potential for USD/JPY to trade back at 148.00 on a one-month view."
- Usd/jpy to come back under pressure on more confidence that the fed could begin to cut rates in March – MUFG. According to FXStreet on Wednesday, 24 January, "For USD/JPY to come back under renewed downward pressure in near term, market participants would have to become more confident again that the Fed could begin to cut rates in March which is currently priced at around a 50:50 probability."
More news about GBP/EUR (GBPEUR).
