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EUR/GBP Bullish Momentum: 0.91% Up In The Last 10 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 0.91% for the last 10 sessions. At 22:06 EST on Monday, 24 April, EUR/GBP (EURGBP) is $0.89.

EUR/GBP’s yearly highs and lows, it’s 6.115% up from its 52-week low and 4.179% 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 price analysis: absence of a bullish momentum favors a downside bias. According to FXStreet on Monday, 24 April, "The EUR/USD pair has dropped after failing to test the psychological resistance of 1.1000 in the early European session. "
  • Eur/usd fails to kiss 1.1000 as USD index attempts recovery, US durable goods orders in focus. According to FXStreet on Monday, 24 April, "The EUR/USD pair has failed to test the psychological resistance of 1.1000 in the Tokyo session. "
  • Eur/usd remains capped by 1.1000 ahead of key data. According to FXStreet on Monday, 24 April, "Sellers appear to have returned to the European currency and drag EUR/USD back to the 1.0980/70 band at the beginning of the week."
  • Eur/usd eyes YTD high as US dollar weakens on lower US treasury yields. According to FXStreet on Monday, 24 April, "Data-wise, Germany’s IFO Business Climate Conditions and Expectations improved compared to March’s figures, spurring a jump in the EUR/USD pair towards the 1.1000 area."

More news about EUR/GBP (EURGBP).

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