(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.69% for the last 21 sessions. At 09:13 EST on Thursday, 15 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR's yearly highs and lows, it's 2.481% up from its 52-week low and 1.987% 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 overbought (>=80).
News about
- Eur: some rare positive sentiment on eur/usd – ING. According to FXStreet on Thursday, 15 August, "While it is tempting to say that EUR/USDwill remain in a 1.05-1.11 range for evermore, we would caution that realised EUR/USD volatility has been exceptionally low over the last couple of years and that range breakouts should be respected."
- Eur/usd edges higher above 1.0900, US PPI data looms. According to FXStreet on Tuesday, 13 August, "The EUR/USD pair trades in positive territory around 1.0940 during the Asian session on Tuesday. ", "The rising bets on the Fed rate cut are likely to weigh on the US Dollar (USD) and create a tailwind for EUR/USD for the time being."
- According to FXStreet on Wednesday, 14 August, "Markets see the uptick in EUR/USD into the upper half of the 1.09-1.10 range as the start of a longer-lasting upward trend. "
- Eur/usd holds steady above 1.1000 ahead of US retail sales data. According to FXStreet on Thursday, 15 August, "The EUR/USD pair consolidates its gains near 1.1010 after retracing from the fresh seven-month top during the Asian session on Thursday. "
- Eur/usd finds the high side amid broad-base greenback softness. According to FXStreet on Tuesday, 13 August, "Despite Tuesday's rally, EUR/USD remains trapped under last week's peak bids just north of 1.10000. "
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