(VIANEWS) – GBP/EUR (GBPEUR) is currently on bearish momentum. At 09:10 EST on Thursday, 4 November, GBP/EUR (GBPEUR) is at 1.1701, 0.66% down since the last session’s close.

GBP/EUR (GBPEUR) Range

Regarding GBP/EUR’s daily highs and lows, it’s 0.375% down from its trailing 24 hours low of $1.17 and 0.847% down from its trailing 24 hours high of $1.18.

GBP/EUR’s yearly highs and lows, it’s 8.003% up from its 52-week low and 1.672% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current volatility was a negative 0.19%, a positive 0.07%, and a positive 0.22%, 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 0.37% (last week), 0.24% (last month), and 0.22% (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 overbought (>=80).

News about USD/JPY

  • Usd/jpy seesaws around 114.00 as off in Japan joins pre-fed anxiety. According to FXStreet on Wednesday, 3 November, "Elsewhere, a rebound in the US Treasury yields and inflation expectations ahead of the key Fed decision also challenged the USD/JPY traders. ", "Moving on, US ADP Employment Change for October and ISM Services PMI for October may offer intermediate moves to the USD/JPY prices ahead of the key Fed decision with the market players aiming for a $15.00 billion tapering."
  • Usd/jpy struggles to defend 114.00 on anxious markets, BOJ minutes. According to FXStreet on Tuesday, 2 November, "The previous support line from late September guards the short-term upside of the USD/JPY prices around 114.60. ", "The mixed concerns join mildly offered S&P 500 Futures, despite upbeat Wall Street close, to probe the USD/JPY buyers. "
  • Usd/jpy retreats below 114.00 amid mild risk-on market sentiment. According to FXStreet on Tuesday, 2 November, "In the meantime, the US 10-year Treasury yield is falling four basis points, sitting at 1.533%, following the USD/JPY footsteps. ", "The USD/JPY daily chart shows the pair found strong support at the October 28 low at 113.25. "
  • Usd/jpy to peak out over the year-end and soften from 2022 – MUFG. According to FXStreet on Tuesday, 2 November, "In the view of economists at MUFG Bank, the USD/JPY could well rise further to 115-116. ", "The USD/JPY rose sharply from September, briefly hitting a four-year high of 114.69. "

More news about GBP/EUR (GBPEUR).

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