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EUR/GBP Bullish By 1% In The Last 10 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.01% for the last 10 sessions. At 05:08 EST on Thursday, 28 December, EUR/GBP (EURGBP) is $0.87.

EUR/GBP’s yearly highs and lows, it’s 2.378% up from its 52-week low and 3.141% 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

  • Eur/usd forex signal: slow bullish rise to 4-month high price – 27 December 2023. According to DailyForex on Wednesday, 27 December, "In my previous analysis of the EUR/USD currency pair on Thursday last week, I wrote that the price was constrained within a narrowing triangle pennant and it would have to make a breakout soon. "
  • Eur/usd analysis: euro prices move higher – 27 December 2023. According to DailyForex on Wednesday, 27 December, "Recently, EUR/USD pair is consolidating around its gains at the time of writing, as the US dollar remains weaker since recent indications of an imminent abandonment of US monetary policy tightening in the new year.", "On the other hand, EUR/USD will not abandon its current bullish view without returning to the support area of 1.0885. "
  • According to FXStreet on Tuesday, 26 December, "SPX for 2023 traded 984.47 points and traded higher in 8 of 12 months to match EUR/USD yet 984 was a light trade year."
  • Eur/usd price analysis: remains confined in a narrow trading range near 1.1040. According to FXStreet on Wednesday, 27 December, "The EUR/USD pair oscillates in a narrow range during the early European session on Wednesday. ", " According to the four-hour chart, the positive outlook of EUR/USD remains intact as the major pair holds above the key 100-hour Exponential Moving Averages (EMA) with an upward slope. "
  • Eur/usd clings to mild losses below 1.1040 as markets enter holiday mode. According to FXStreet on Wednesday, 27 December, "That being said, the more hawkish remarks from the ECB might lift the Euro (EUR) and cap the downside of the EUR/USD pair. ", " The EUR/USD pair trades near the highest level since August around 1.1040 during the early Asian trading hours on Wednesday. "

More news about EUR/GBP (EURGBP).

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