(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.51% for the last 21 sessions. At 08:06 EST on Thursday, 19 September, GBP/EUR (GBPEUR) is $1.19.
GBP/EUR’s yearly highs and lows, it’s 4.427% up from its 52-week low and 0.126% 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 Wednesday, 18 September, "In terms of support, the USD/JPY pair may encounter immediate support at 139.58, the lowest level since June 2023. ", "On the upside, the USD/JPY pair may first face resistance at the nine-day EMA near the 142.14 level, followed by the 21-day EMA around 143.72. "
- Usd/jpy: markets are bracing for volatile moves after FOMC – OCBC. According to FXStreet on Wednesday, 18 September, "FOMC decision should see USD/JPY more volatile, OCBC FX analysts Frances Cheung and Christopher Wong note.", "FOMC decision should see USD/JPY trade wild into and post-decision, press conference."
- According to FXStreet on Thursday, 19 September, "For support, the USD/JPY pair might find immediate support at 139.58, which is the lowest level since June 2023, followed by the lower boundary of the descending channel near 137.75.", "On the upside, the USD/JPY pair may initially face resistance at the 21-day EMA, located at the 143.73 level, and then at the upper boundary of the descending channel around 145.00."
- Usd/jpy remains on the defensive below 141.00 as bets firm on jumbo fed rate cut. According to FXStreet on Tuesday, 17 September, "The USD/JPY pair recovers some lost ground near 140.80, snapping the five-day losing streak during the early Asian session on Tuesday. "
- Usd/jpy price forecast: surges over 1% above 142.00. According to FXStreet on Tuesday, 17 September, "The USD/JPY skyrocketed late in the North American session, trading at 142.44, up by over 1% after bouncing off a daily low of 140.32. ", "If USD/JPY climbs above the September 12 daily high of 143.04, this could pave the way for a leg-up, exposing key resistance levels: the Senkou Span A at 143.15, followed by the Kijun-Sen at 144.48."
More news about GBP/EUR (GBPEUR).
