(VIANEWS) – GBP/EUR (GBPEUR) is currently on bearish momentum. At 18:06 EST on Sunday, 22 August, GBP/EUR (GBPEUR) is at 1.1639, 1.08% down since the last session’s close.
GBP/EUR (GBPEUR) Range
Concerning GBP/EUR’s daily highs and lows, it’s 0.257% down from its trailing 7 days low of $1.17 and 1.214% down from its trailing 7 days high of $1.18.
GBP/EUR’s yearly highs and lows, it’s 8.159% up from its 52-week low and 1.623% down from its 52-week high.
GBP/EUR’s last week, last month’s, and last quarter’s current volatility was a positive 0.24%, a negative 0.01%, and a positive 0.28%, 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 0.28% (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 price analysis: challenges 50-dma on its three-day uptrend. According to FXStreet on Thursday, 19 August, "The greenback bulls were just awaiting this confirmation for advancing further, which drove USD/JPY higher alongside.", "Technically, USD/JPY needs to crack the 50-Daily Moving Average (DMA) at 110.19 on a sustained basis to unleashing the recovery towards the August 13 highs of 110.46."
- According to FXStreet on Thursday, 19 August, "This may test the current forecast that USD/JPY could push moderately higher on a 3 to 6 month view."
- Usd/jpy to March forward as US yields race higher – danske bank. According to FXStreet on Thursday, 19 August, "We think USD/JPY has further to go, as the US economy outpaces Asia not least due to the stronger position in the vaccine race vs. particularly Japan. ", "To take USD/JPY back towards 100, we need a change in risk sentiment causing US rates and commodities to decrease again."
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