(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.84% for the last 5 sessions. At 14:07 EST on Friday, 14 April, GBP/EUR (GBPEUR) is $1.13.
GBP/EUR’s yearly highs and lows, it’s 4.421% up from its 52-week low and 6.678% 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
- Usd/jpy: mildly bid above 133.00 as yields grind higher, boj’s ueda eyes easy inflation. According to FXStreet on Thursday, 13 April, "Although a light calendar and mixed mood restrict USD/JPY moves of late, today’s US Producer Price Index (PPI) for March and Friday’s preliminary readings of the Michigan Consumer Sentiment Index for April can entertain the Yen pair traders.", "Repeated failures to cross the 200-day Exponential Moving Average (EMA), around 133.75 by the press time, tease USD/JPY bears to aim for a three-week-old support line, near 131.30 at the latest."
- Usd/jpy price analysis: bulls need to guard 132.50. According to FXStreet on Thursday, 13 April, "As per the prior analysis, USD/JPY Price Analysis: Bulls eye a run to test 134.00 with eyes on US CPI, when USD/JPY wasat 133.60, the price did indeed go on to test 134.00 ahead of theUSconsumer inflation that was due later in the day."
- According to FXStreet on Wednesday, 12 April, "Sticky inflation is probably the biggest risk to the consensus views in the FX market right now that EUR/USD and USD/JPY end the year at 1.12 and 125, respectively."
- Usd/jpy eases from four-week high near 134.00, awaits US CPI and FOMC minutes. According to FXStreet on Wednesday, 12 April, "That said, the Bank of Japan’s (BoJ) dovish near-term outlook continues to undermine the JPY and should help limit losses for the USD/JPY pair. ", "The USD/JPY pair touches a four-week high on Wednesday, albeit struggles to capitalize on the move and remains below the 134.00 mark through the early part of the European session."
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