(VIANEWS) – GBP/EUR (GBPEUR) is currently on bearish momentum. At 00:08 EST on Sunday, 24 October, GBP/EUR (GBPEUR) is at 1.1800, 0.51% down since the last session’s close.
GBP/EUR (GBPEUR) Range
Concerning GBP/EUR’s daily highs and lows, it’s 0.498% down from its trailing 24 hours low of $1.19 and 0.556% down from its trailing 24 hours high of $1.19.
GBP/EUR’s yearly highs and lows, it’s 8.916% up from its 52-week low and 0.615% down from its 52-week high.
GBP/EUR’s last week, last month’s, and last quarter’s current volatility was 0.31%, 0.12%, and 0.21%, respectively.
GBP/EUR’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.31% (last week), 0.27% (last month), and 0.21% (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
- Usd/jpy struggles for direction, holds steady around 114.00 mark. According to FXStreet on Friday, 22 October, "This, in turn, undermined the safe-haven Japanese yen and acted as a tailwind for the USD/JPY pair.", "This was seen as a key factor that failed to provide any additional boost to the USD/JPY pair and capped the early uptick near the 114.20 area. "
- Usd/jpy moves further away from multi-year tops, slips below 114.00. According to FXStreet on Thursday, 21 October, "This, in turn, drove some haven flows towards the Japanese yen and acted as a headwind for the USD/JPY pair.", "Traders will further take cues from the broader market risk sentiment to grab some short-term opportunities around the USD/JPY pair."
- Usd/jpy set to stage a big upmove through 115.00 – ING. According to FXStreet on Friday, 22 October, "The USD/JPY rally has taken a breather over the last week after some strong gains. ", "We are very bullish on USD/JPY and see the correction finding support somewhere in the 113.20/70 area."
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