GBP/EUR Bearish Momentum: 0.9% Down In The Last 5 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.9% for the last 5 sessions. At 05:11 EST on Monday, 17 April, GBP/EUR (GBPEUR) is $1.13.

GBP/EUR’s yearly highs and lows, it’s 4.347% up from its 52-week low and 6.582% 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 traces on sluggish yields below 134.00 even as boj vs. fed divergence regains attention. According to FXStreet on Monday, 17 April, "On the other hand, Bank of Japan’s (BoJ) new Governor Kazuo Ueda defends the Japanese central bank’s easy-money policy and allowed the USD/JPY pair to remain firmer.", "Not only a lack of major data/events but mixed catalysts and sluggish yields also challenge the USD/JPY pair traders of late."

More news about GBP/EUR (GBPEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *