(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.04% for the last 10 sessions. At 16:07 EST on Thursday, 23 May, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 2.893% up from its 52-week low and 0.289% 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
- According to FXStreet on Tuesday, 21 May, "The USD/JPY pair could retest the upper boundary of the ascending triangle around the psychological barrier at 157.00. ", "A break below this level could exert downward pressure on the USD/JPY pair to move toward the throwback support at 153.60."
- Usd/jpy price analysis: faces strong resistance as bulls target 157.00. According to FXStreet on Wednesday, 22 May, "The USD/JPY erased Tuesday’s losses and climbed past the 156.50 area after the announcement of the latest US Federal Reserve meeting minutes. ", "The USD/JPY uptrend continues, yet it’s facing stir resistance at the May 14 high of 156.76. "
- According to FXStreet on Wednesday, 22 May, "The USD/JPY pair could retest the upper boundary of the ascending triangle near the psychological barrier at 157.00. ", "A break below this level could exert downward pressure on the USD/JPY pair, potentially moving it toward the throwback support at 153.60."
- According to FXStreet on Thursday, 23 May, "A rising wedge on a daily chart indicates a bearish turn as the price of the USD/JPY pair moves toward the wedge’s tip. ", "The USD/JPY pair could retest the upper boundary of the rising wedge near the psychological barrier at 157.00. "
More news about GBP/EUR (GBPEUR).
