GBP/EUR Bullish Momentum: 1% Up In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1% for the last 10 sessions. At 21:07 EST on Monday, 27 May, GBP/EUR (GBPEUR) is $1.18.

GBP/EUR’s yearly highs and lows, it’s 3.042% up from its 52-week low and 0.144% 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 Monday, 27 May, "The USD/JPY pair might retest the upper boundary of the rising wedge around 157.30. ", "If breached, these levels could exert downward pressure on the USD/JPY pair, potentially guiding it toward the throwback support at 151.86."
  • According to FXStreet on Monday, 27 May, "Price action around USD/JPY remained flat near the 157.00 hurdle following a solid performance of JGB 10-year yields. "
  • Usd/jpy price analysis: flatlines amid subdued session, hovers around 156.90. According to FXStreet on Monday, 27 May, "From a technical perspective, the USD/JPY is upward biased, as evidenced by successive series of higher highs and lows and price action standing above the Ichimoku Cloud (Kumo). "

More news about GBP/EUR (GBPEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *