(VIANEWS) – GBP/EUR (GBPEUR) has been up by 2.13% for the last 21 sessions. At 09:08 EST on Tuesday, 4 April, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR’s yearly highs and lows, it’s 5.891% up from its 52-week low and 5.512% down from its 52-week high.
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
- Eur/usd sellers attack 1.0800 as risk aversion joins consolidation ahead of US pmi, NFP. According to FXStreet on Monday, 3 April, "A clear downside break of a two-week-long ascending support line, now immediate resistance near 1.0910, directs EUR/USD bears towards the 50-DMA support of around 1.0730."
- Eur/usd: bulls would probably welcome the pair ending the week around 1.0850/1.0900 – ING. According to FXStreet on Monday, 3 April, "We had called for EUR/USD to break above 1.10 sometime this week, but the asymmetrically positive impact on the USD of the OPEC+ surprise cut means that such a call now likely requires some disappointing data out of the US, given the lack of Euro-specific drivers this week. ", "This is not necessarily our base case, and EUR/USD bulls would probably welcome the pair ending the week around 1.0850/1.0900."
- Eur/usd forex signal: double-top pattern forms – 03 April 2023. According to DailyForex on Monday, 3 April, "The EUR/USD pair erased some of the gains it made in March as traders started positioning for the new month. ", "The EUR/USD exchange rate pulled back on Monday morning, continuing the sell-off that started on Friday. "
- Eur/usd reclaims 1.0900 after a v-shape recovery inspired by weak US manufacturing PMI. According to FXStreet on Monday, 3 April, "The EUR/USD pair has recaptured the round-level resistance of 1.0900 in the early Asian session. "
More news about GBP/EUR (GBPEUR).
