(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.23% for the last 10 sessions. At 07:13 EST on Friday, 3 November, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR’s yearly highs and lows, it’s 3.062% up from its 52-week low and 2.498% 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
- Usd/jpy tumbles from daily highs as US bond yields plunge, awaiting fed’s decision. According to FXStreet on Wednesday, 1 November, "With the Fed’s decision right around the corner, the USD/JPY remains offered due to the latest economic releases. ", "Even though the bank tweaked the Yield Curve Control (YCC), the USD/JPY printed a new year-to-date (YTD) high of 151.72, though authorities and the BoJ remain on hold of intervening in the Forex markets. "
- According to FXStreet on Wednesday, 1 November, "Japanese authorities expressed concerns about "one-sided moves," but USD/JPY remained firm above 150.00, trading near multi-decade highs. "
- Usd/jpy price analysis: remains above 151.00 post retreating from a yearly high. According to FXStreet on Wednesday, 1 November, "A decisive break below the latter could open the door for USD/JPY bears to target the 23.6% Fibonacci retracement around 148.28.", "Furthermore, the 14-day Relative Strength Index (RSI) above the 50 level indicates a favorable market sentiment, supporting the notion of bullish momentum for the USD/JPY pair."
- According to DailyForex on Wednesday, 1 November, "The USD/JPY currency pair rose strongly yesterday to trade well above the big round number at ¥151 not far from the 30-year high price made last year, but then fell back after Japan’s currency diplomat Kanda said he would not rule out any steps to respond to disorderly FX moves and that he remains on standby for intervention "if needed". "
- Usd/jpy pinned into the high end near 151.80 after dovish boj leaves yen to flounder. According to FXStreet on Wednesday, 1 November, "The USD/JPY is inches away from setting a new three-decade high as the pair trades into 151.70 heading into the end of Tuesday trading after the Bank of Japan (BoJ) left the Yen (JPY) in the dust with a dovish showing.", "The Yen’s deflate on Tuesday has sent the USD/JPY surging, and the pair is resting some 20-odd pips from setting a fresh 30-year high beyond 151.94, a previous record ceiling set back in October of 2022."
More news about GBP/EUR (GBPEUR).
