(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.14% for the last 10 sessions. At 15:08 EST on Sunday, 4 August, EUR/GBP (EURGBP) is $0.85.
EUR/GBP’s yearly highs and lows, it’s 1.682% up from its 52-week low and 2.772% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/GBP’s Forex is considered to be oversold (<=20).
News about
- Usd/jpy slumps to multi-month lows near 147.00 after weak US jobs data. According to FXStreet on Friday, 2 August, "At the time of press, USD/JPY was trading at 147.80, where it was down 1% on a daily basis.", "The broad-based selling pressure surrounding the US Dollar (USD) on dismal labor market data caused USD/JPY to push lower in the early American session. "
- Usd/jpy trades around 149.50 after rebounding from four-month lows. According to FXStreet on Friday, 2 August, "This upside of the USD/JPY pair could be attributed to the improved US Dollar (USD), which could be attributed to the increased risk-off mood following the recent manufacturing and employment data raising concerns about the US economy."
- According to FXStreet on Friday, 2 August, "The Japanese Yen is catching a fresh bid on the above headlines, as USD/JPY fades its recovery momentum toward 150.00. "
- Usd/jpy price analysis: sinks to five-month lows fueled by reignited US recession fears. According to FXStreet on Friday, 2 August, "The USD/JPY collapsed to a five-month low of 146.41 on Friday following the release of worse-than-expected US economic data that increased the odds for a Federal Reserve cut at the September meeting. ", "After clearing key support levels, the USD/JPY is set to test lower prices, though it faces strong support at the March 11 pivot low of 146.48. "
- According to FXStreet on Friday, 2 August, "Dependent on the outcome of next week’s key Japanese economic data, we will be re-evaluating our USD/JPY forecasts."
More news about EUR/GBP (EURGBP).
