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 16:14 EST on Sunday, 16 April, GBP/EUR (GBPEUR) is $1.13.

GBP/EUR’s yearly highs and lows, it’s 4.356% up from its 52-week low and 6.574% 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

  • Eur/usd price analysis: eyes 1.1100 as US inflation softens and hawkish ECB bets soar. According to FXStreet on Friday, 14 April, "The EUR/USD pair has resumed its upside journey after building a base below 1.1050 in the Asian session. "
  • Eur/usd: set to refresh 13-month high as DXY renews one-year low on soft US inflation. According to FXStreet on Friday, 14 April, "While tracing the top-tier catalysts, hopes of sooner winding down of the hawkish Fed policy, backed by softer US inflation numbers and dovish Fed Minutes, gain major attention of the EUR/USD buyers. ", "Moving on, the final readings of the Eurozone inflation numbers may entertain EUR/USD traders. "
  • According to FXStreet on Friday, 14 April, "The EUR/USD pair showed no immediate reaction to these comments and it was last seen rising 0.1% on a daily basis at 1.1060."
  • Eur/usd tumbles amid stronger dollar, drops below 1.1000. According to FXStreet on Friday, 14 April, "The EUR/USD is losing ground on Friday as the US Dollar recovers a part of recent losses. ", "Despite Friday’s reversal, EUR/USD is still on its way to the highest weekly close in a year. "

More news about GBP/EUR (GBPEUR).

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