GBP/USD Is 1% Down In The Last 21 Sessions

(VIANEWS) – GBP/USD (GBPUSD) has been up by 1.52% for the last 21 sessions. At 16:07 EST on Sunday, 7 April, GBP/USD (GBPUSD) is $1.26.

GBP/USD’s yearly highs and lows, it’s 4.833% up from its 52-week low and 3.934% down from its 52-week high.

Volatility

GBP/USD’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.13%, a negative 0.04%, and a positive 0.26%, respectively.

GBP/USD’s highest amplitude of average volatility was 0.36% (last week), 0.30% (last month), and 0.26% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GBP/USD’s Forex is considered to be oversold (<=20).

News about

  • According to FXStreet on Friday, 5 April, "This, in turn, will play a key role in influencing the near-term USD price dynamics and determining the next leg of a directional move for the USD/JPY pair.", "This is closely followed by the 150.00 psychological mark, which, if broken decisively, will be seen as a fresh trigger for bearish traders and drag the USD/JPY pair towards the 149.35-149.30 region en route to the 149.00 mark."
  • It’s only a matter of time before usd/jpy rallies – BBH. According to FXStreet on Friday, 5 April, "Verbal defense on the Yen continues as Japanese Finance Minister Suzuki and Prime Minister Kishida both warned against excessive yen moves." "It’s only a matter of time before USD/JPY breaks higher because we anticipate a gradual BOJ tightening process and a more muted than currently priced-in Fed easing cycle."

More news about GBP/USD (GBPUSD).

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