(VIANEWS) – GBP/EUR (GBPEUR) is currently on bullish momentum. At 10:10 EST on Monday, 10 January, GBP/EUR (GBPEUR) is at 1.1981, 2.31% up since the last session’s close.
GBP/EUR (GBPEUR) Range
About GBP/EUR’s daily highs and lows, it’s 2.481% up from its trailing 30 days low of $1.17 and 0.133% down from its trailing 30 days high of $1.20.
GBP/EUR’s yearly highs and lows, it’s 8.269% up from its 52-week low and 0.15% down from its 52-week high.
GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.13%, 0.09%, and 0.27%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.28% (last week), 0.26% (last month), and 0.27% (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 holds steady near daily high, bulls looking to seize back control near 115.75 area. According to FXStreet on Monday, 10 January, "The USD/JPY pair maintained its bid tone through the early European session and was last seen hovering just a few pips below the daily high, around 115.75 region.", "A combination of supporting factors assisted the USD/JPY pair to attract fresh buying near mid-115.00s on Monday and stall its recent pullback from a five-year top touched last week. "
- Usd/jpy sticks to modest gains around 116.00, lacks follow-through as focus remains on NFP. According to FXStreet on Friday, 7 January, "A stronger NFP print will reaffirm the positive outlook and set the stage for the resumption of the USD/JPY pair’s recent run-up to a five-year high, around the 116.35 region touched on the first day of the current week.", "The USD/JPY pair traded with a mild positive bias heading into the European session, albeit seemed struggling to capitalize on the move beyond the 116.00 mark."
- According to FXStreet on Friday, 7 January, "Ultimately, we remain biased to USD/JPY topside with an eye to 118/19 in the coming weeks and months, as further acknowledgement of QT should reinforce duration supply and higher 10y real yields."
- Usd/jpy remains sluggish around 115.50 amid Japan’s off. According to FXStreet on Monday, 10 January, "However, cautious sentiment ahead of this week’s US inflation numbers and Retail Sales for December may keep the US Treasury yields on the front foot, which in turn can keep the USD/JPY buyers hopeful.", "A clear downside break of the three-week-old ascending trend line, near 115.80 by the press time, keeps USD/JPY sellers hopeful around November’s peak of 115.52."
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